Best Cheap Stocks To Buy Now Under 1 Dollar
If you're looking for investment opportunities in the stock market, you might be interested in buying cheap stocks. Investing in such stocks can be a great way to enter the market without breaking the bank. In this article, we'll explore some of the best cheap stocks to buy now under 1 dollar.
What are Cheap Stocks?
Cheap stocks are those that are priced at an affordable level, usually under $5. They are often undervalued, and investors believe that they have the potential to grow in the future. However, it's important to note that cheap stocks are often associated with high risk. These stocks may be from small, untested companies or those that have fallen out of favor with investors.
Why Invest in Cheap Stocks?
Investing in cheap stocks can be a great way to diversify your portfolio and potentially make a profit. While these stocks do come with higher risks, they can also offer higher rewards. If you're willing to take a chance, buying cheap stocks can be a great way to enter the market and grow your investment portfolio.
Best Cheap Stocks to Buy Now Under 1 Dollar
1. Acasti Pharma Inc. (ACST) - Acasti Pharma is a biopharmaceutical company that focuses on the research and development of prescription drugs. The company's stock is currently priced at around $0.40 per share, making it a great option for investors who are looking for cheap stocks.
2. Biocept, Inc. (BIOC) - Biocept is a molecular diagnostics company that specializes in the detection of cancer. The company's stock is currently priced at around $0.50 per share, making it an affordable option for investors.
3. Cinedigm Corp. (CIDM) - Cinedigm is a digital entertainment company that distributes content across various platforms. The company's stock is currently priced at around $0.70 per share, making it a great option for investors who are interested in the entertainment industry.
4. Genius Brands International Inc. (GNUS) - Genius Brands International is a children's media company that creates and licenses animated content. The company's stock is currently priced at around $0.80 per share, making it a great option for investors who are interested in the entertainment industry.
5. Inpixon (INPX) - Inpixon is a technology company that specializes in indoor mapping and location-based services. The company's stock is currently priced at around $0.75 per share, making it an affordable option for investors.
6. Jaguar Health, Inc. (JAGX) - Jaguar Health is a pharmaceutical company that focuses on developing treatments for gastrointestinal diseases. The company's stock is currently priced at around $0.20 per share, making it a great option for investors who are interested in the healthcare industry.
7. Naked Brand Group Limited (NAKD) - Naked Brand Group is an apparel company that specializes in intimate apparel. The company's stock is currently priced at around $0.60 per share, making it an affordable option for investors.
8. Nokia Corporation (NOK) - Nokia is a telecommunications company that provides network infrastructure and technology services. The company's stock is currently priced at around $4.50 per share, making it a great option for investors who are interested in the tech industry.
9. Sundial Growers Inc. (SNDL) - Sundial Growers is a cannabis company that produces and distributes cannabis products. The company's stock is currently priced at around $0.15 per share, making it a great option for investors who are interested in the cannabis industry.
10. Zynga Inc. (ZNGA) - Zynga is a video game developer that specializes in mobile games. The company's stock is currently priced at around $9.00 per share, making it a great option for investors who are interested in the gaming industry.
Conclusion
Investing in cheap stocks can be a great way to enter the market and potentially make a profit. However, it's important to note that these stocks come with higher risks. If you're willing to take a chance, the stocks mentioned above could be a great option for your investment portfolio.