The 3 Best Under-$10 Stocks to Buy in January 2024

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Investors tend to be attracted to stocks that trade at a cheap price due to the fact that they offer the possibility of great returns for not a large amount of capital invested. Small-cap companies typically trade at a lower price compared to larger companies. Investors should be aware that stocks that trade at a cheap rate, such as below $10 per share, are inherently riskier than stocks with a strong financial position and great reputation. Cheap companies have a much higher chance of wild swings in their share price due to overall investor uncertainty regarding a company and that a simple news story could make or break a company.