Stocks trading under $10 can be attractive for investors looking to scoop up some cheap shares. Unfortunately, quality stocks trading for less than $10 are few and far between. Stocks priced at this level can be a red flag for investors that something serious is wrong with a company. Many of these stocks have challenged underlying business models or difficult near-term outlooks.
Despite those challenges, the CFRA Research analyst team recommends these cheap, high-quality stocks that could be excellent buying opportunities for frugal investors in 2024.
This post originally appeared at U.S. News & World Report.