5 sizzling stocks trading under $ 10 with gigantic upside potential – 24/7 at Wall St.

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While most of Wall Street focuses on large and large cap stocks because they provide a degree of safety and liquidity, many investors are limited in the number of stocks they can buy. Many of the largest public companies, especially the tech giants, trade in the hundreds, up to over $ 1,000 a share or more. At these high prices, it’s hard to get decent leverage on the number of shares.

Many investors, especially the more aggressive traders, see low-priced stocks as a way to not only make money, but also get more stocks. It can really help the decision making process especially when you are on a winner because you can still sell half and keep half.

Each week we scan our 24/7 research database in Wall St. for Buy listed stocks in large companies that are priced below the $ 10 level and this week did no exception (last week’s picks included GoHealth and Talkspace). This week, we found five new stocks that could offer investors some solid upside potential. Skeptics of low-priced stocks should remember that at one point Amazon and Apple traded in single digits.

While they are more suited to aggressive investors, and with the number of new traders that has skyrocketed over the past year, making good trading ideas even harder to come by, these five stocks could prove to be Great additions for traders looking for solid alpha potential. It is important to remember, however, that no analyst report should be used as the sole basis for any buy or sell decision.

CareMax

This is a very interesting idea for aggressive investors looking for alpha. CareMax Inc. (NASDAQ: CMAX) is a healthcare organization that provides medical services through physicians and healthcare professionals. The company offers a range of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental care, pharmacy and transportation. As of June 30, 2021, it owned and operated 36 multi-specialty healthcare centers in Miami-Dade, Broward and Orange counties in Florida.

Earlier this month, the company completed the previously announced acquisition of DNF Medical Centers, a leading medical practice in the Orlando metro area. DNF operates six conveniently located medical centers serving approximately 4,000 Medicare Advantage members in its network. With this acquisition, CareMax now operates 42 medical centers, serving approximately 66,000 patients, including approximately 26,000 Medicare Advantage members. CareMax intends to use DNF as a base to expand further in the Central Florida and Tampa Bay area, a market with more than 2 million Medicare-eligible beneficiaries.

Piper Sandler recently upgraded the stock to overweight to neutral and has a price target of $ 14. The consensus price target is also $ 14. The shares closed Friday at $ 9.46.

READ ALSO: 5 Dividend Aristocrats To Buy Now For Security And A Reliable Income


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