The fact is that high priced stocks can move just as much on a percentage basis as low priced stocks. Yet investors still want the low prices.
When looking for quality low priced stocks to buy, investors generally look for several factors from a fundamental standpoint. They are:
1. The stock sells for less than $10 per share.
2. The stock has a price to earnings ratio under 20.
3. The stock has a forward P/E ratio less than 20.
4. The stock has a price to earnings growth ratio under 2.
5. The stock has no debt or low debt to equity.
6. And to top it off, the stock pays a dividend.
The following nine stocks have all these features, and deserve a closer look.
Company | Ticker | Market Cap | P/E | Price | Yield |
Crown Crafts, Inc. | CRWS | 84.90M | 14.39 | 8.49 | 3.80% |
Digirad Corporation | DRAD | 104.87M | 4.91 | 5.40 | 3.40% |
Evolving Systems Inc. | EVOL | 63.13M | 16.88 | 5.40 | 8.10% |
Heritage Oaks Bancorp | HEOP | 291.72M | 18.06 | 8.49 | 2.90% |
Leju Holdings Limited | LEJU | 781.03M | 14.50 | 5.80 | 13.30% |
Magic Software Enterprises Ltd. | MGIC | 256.79M | 16.23 | 5.68 | 3.30% |
MiX Telematics Limited | MIXT | 168.00M | 11.98 | 5.03 | 3.70% |
Pzena Investment Management | PZN | 638.03M | 18.96 | 9.67 | 1.30% |
Supreme Industries Inc. | STS | 129.91M | 12.53 | 7.77 | 1.50% |
What is interesting is that all these little gems have yields in excess of 1.25%. Keep in mind that the market cap on these companies is low. If you like interesting stock lists like this, check out many of the free stock lists at WallStreetNewsNetwork.com.
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