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Looking for some good stocks under 10 dollars for a long term investment ticker symbol?


Looking for some good stocks under 10 dollars for a long term investment ticker symbol?

Go to yahoo finance stock screener. key in price 10.00; pe ratio < 25; roa > 12%; debt to equity < 50%; 5 yr income growth > 15%

You will find 7 companies that might be good investments one of which I have actually myself looked at, but did not buy.

siri, rtk,chtr,

You would be much better to invest that money in a mutual fund. Fidelity Investments has a Low Priced Stock mutual fund that is well researched and well diversified. Other mutual fund comanies also have such funds. Many have the 5 star ranking from Morningstar.

I like the following stocks, even though they cost more than $10 (remember that a thousand dollar investment is a thousand dollar investment, regardless of whether your buying 1000 shares of a $1 stock, or 2 shares of a $500 stock like Google.)

Apple (AAPL, $130/share) Apple dropped sharply after its iphone runup due to the overall weakness in the market. I think this makes a great buy point-- the company was growing very rapidly even before the iphone was introduced, and the iphone really is one of the coolest gadgets ever invented and I have no doubt Apple will sell a lot of them in the coming years. The company now sells at a very reasonable price in relation to the amount of money it is likely to earn this year, and good iphone sales could send the stock through the roof.

Senomyx (SNMX, $13/share) This company makes compounds that allow food companies to use smaller amounts of certain ingredients (sugars, MSG) in their products. They've already lined up development deals with Coke, Nestle, Craft, Campbells, Cadbury Schweppes and a few other very large companies, and products using their ingredients are just starting to hit the market. This company could be an enormous cash cow in a couple of year.

Anika Therapeautics (ANIK, $18/share) They recently got approval for a sort of a cosmetic wonder gunk that fixes wrinkles, removes scars, etc. They're already profitable, have a lot of cash, and I expect they'll go up sharply once the wonder gunk starts selling.

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