More importantly, it’s dirt cheap, trading at a mere 5 times forward earnings and a microscopic 1 times trailing earnings. While sales growth is expected to slow in the remaining three quarters due to the high bar it set last year, earnings per share are expected to improve by 32% in 2022.ĭespite the big run-up, SWN shares remain low-priced at just over 7 per share.
It’s outperformed even the powerful energy sector so far this year, up 54% YTD and has grown revenues by triple digits in each of the last four quarters, including a 175% jump in the first quarter. Southwestern Energy is a mid-cap ($8 billion market cap) natural gas exploration and production company headquartered in Texas. In a year in which virtually every stock market sector is down double digits through the first four and a half months, energy stocks have gone the opposite direction, up roughly 50% year to date the next-best-performing sector is utilities, at a mere +0.7%. No surprise to see an energy company top this list. Here are the three companies with the highest valuations that made the list:īest Stocks Under $10: Southwestern Energy Company (SWN) There weren’t many that met that criteria. For that, I screened for stocks with share prices under $10, that are up double digits this year. A strong chart, after all, is one of the best indicators of future gains.
If you want to find the best stocks under $10 that you can buy and hold for a while, you should start with stocks that have already been trending upward for some time - hard to find in today’s bear market. To do it, however, you need to find low-priced stocks.įrom there, it depends on what you’re looking for in your investments: long-term gains or a quick return in a prime turnaround stock candidate. You can create a portfolio of 10 stocks even if you only have $2,000 or $3,000 to invest. If you want to diversify, you don’t want to devote half your portfolio to one share of Amazon (AMZN) or Alphabet (GOOG). Still, for someone starting a portfolio with just a couple thousand dollars, investing in 50 shares of a $10 stock seems way more appealing than investing in one share of a $1,000 stock. Before I get into the best stocks under $10 to buy right now, let me start with this disclaimer: share price doesn’t really matter.Īs Warren Buffett is fond of saying, “Price is what you pay, value is what you get.” That’s true.
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