7 Best Cheap Stocks Under $10 to Buy in July
Lately, stock markets have favored value investors. The past few months have been painful for growth investors. Richly priced growth plays have fallen drastically. For value investors, however? With the market downturn, many stocks have fallen to dirt cheap valuations. So you can find excellent cheap stocks under $10 per share. There are many names at single-digit price levels that aren’t only cheap on an absolute basis — they are also cheap in terms of their current earnings multiple. Yes, having a low forward price-to-earnings (P|E) ratio alone isn’t a reason to buy a stock. Sometimes stocks that look cheap on paper can turn out to be value traps. 7 Best Bear Market Stocks to Buy in July 2022 However, there’s much to suggest that won’t be the case with these seven names. Each of these cheap stocks under $10 per share trades at a low valuation, and has catalysts in play to potentially send them back to higher prices. While this valuation discrepancy remains, consider each one a buy. ARC ARC Document Solutions $2.59 CNTY Century Casinos $7.24 CRCT Cricut $6.97 DXLG Destination XL Group $3.65 EGY Vaalco Energy $6.58 GEO The GEO Group $6.41 TSQ Townsquare Media $8.47 ARC Document Solutions (ARC) Source: Pavel Kapysh | Shutterstock.com ARC Document Solutions (NYSE: ARC ) provides printing services for the construction industry.
7 Best Cheap Stocks Under $10 to Buy in July
Lately, stock markets have favored value investors. The past few months have been painful for growth investors. Richly priced growth plays have fallen drastically. For value investors, however? With the market downturn, many stocks have fallen to dirt cheap valuations. So you can find excellent cheap stocks under $10 per share. There are many names at single-digit price levels that aren’t only cheap on an absolute basis — they are also cheap in terms of their current earnings multiple. Yes, having a low forward price-to-earnings (P|E) ratio alone isn’t a reason to buy a stock. Sometimes stocks that look cheap on paper can turn out to be value traps. 7 Best Bear Market Stocks to Buy in July 2022 However, there’s much to suggest that won’t be the case with these seven names. Each of these cheap stocks under $10 per share trades at a low valuation, and has catalysts in play to potentially send them back to higher prices. While this valuation discrepancy remains, consider each one a buy. ARC ARC Document Solutions $2.59 CNTY Century Casinos $7.24 CRCT Cricut $6.97 DXLG Destination XL Group $3.65 EGY Vaalco Energy $6.58 GEO The GEO Group $6.41 TSQ Townsquare Media $8.47 ARC Document Solutions (ARC) Source: Pavel Kapysh | Shutterstock.com ARC Document Solutions (NYSE: ARC ) provides printing services for the construction industry.