Investing in stocks under $10 can offer significant opportunities, especially if you’re looking for high-growth potential at an affordable price. Whether you’re a beginner or an experienced investor, low-priced stocks can provide a chance to build a diversified portfolio without committing large amounts of capital. In this article, we’ll explore the best stocks to buy now under $10, highlighting their potential, recent performance, and the reasons they could be strong contenders in the market.
Why Consider Stocks Under $10?
Investing in stocks priced under $10 might seem risky at first, but this approach can lead to substantial rewards. These low-cost stocks often belong to companies that are in their early stages of growth, or they may have faced temporary setbacks that resulted in their low stock price. Here are a few reasons why you might want to consider stocks under $10:
- Affordable Entry Point: Low-priced stocks allow you to purchase a larger quantity of shares without needing significant capital. This provides opportunities for growth, especially if the stock experiences significant upward momentum.
- Potential for High Returns: Many stocks under $10 are positioned for growth. If the companies succeed, the stock price can rise dramatically, leading to considerable profits.
- Diversification Opportunities: Since these stocks tend to be lower-cost, you can diversify your investment portfolio with various companies across different sectors, spreading risk while seeking high returns.
While these stocks come with increased volatility, choosing the right ones can be a smart move for long-term investors.
Key Factors to Consider When Buying Stocks Under $10
Before diving into the specific stocks under $10, it’s important to understand the key factors that can help identify promising investments:
Volatility and Risk
Stocks under $10 are often more volatile than those priced higher. This means their price can fluctuate more drastically, which can result in both higher rewards and higher risks. It’s crucial to assess a company’s fundamentals and recent news to understand if it has the potential for future growth, or if the low price is a result of long-term decline.
Company Fundamentals
While stock price is important, it’s equally essential to evaluate a company’s financial health. Look for companies with solid revenue streams, positive earnings growth, and a clear plan for expansion. Even if a stock is priced under $10, a solid company foundation increases the likelihood that the stock price will rise over time.
Market Trends
Consider broader market trends and how they could impact your chosen stocks. Some industries, like technology or healthcare, might have more growth potential than others, which could drive the price of stocks in these sectors higher. Keep an eye on market sentiment and trends that could affect the growth trajectory of your selected stocks.
Recent Performance
Always review the recent performance of any stock you’re considering. For stocks under $10, look at their 6-month to 1-year performance, along with the trajectory of their earnings reports. Strong, positive performance in these areas can indicate that the stock is on an upward trend and may be a good buy.
Top Stocks to Buy Now Under $10
Here are some of the best stocks under $10 to consider in 2025. These stocks have been selected based on their recent performance, growth potential, and underlying company strength.
1. Transocean Ltd. (RIG)
Transocean Ltd. is a leading offshore drilling contractor with a strong presence in the global oil and gas industry. The stock is currently priced under $10, making it an attractive option for investors looking for exposure to the energy sector at a lower price point.
Transocean has been working on restructuring its operations, reducing debt, and enhancing its fleet of drilling rigs. With the increasing demand for oil and natural gas, especially in regions like the Middle East, Transocean is well-positioned to benefit from rising energy prices in the future. The company’s potential to generate strong cash flows makes it one of the top picks for low-priced stocks in 2025.
2. Acasti Pharma Inc. (ACST)
Acasti Pharma is a biopharmaceutical company that focuses on developing treatments for cardiovascular diseases. The company has been making strides with its lead product, CaPre, which targets hypertriglyceridemia (high levels of fat in the blood). Despite its stock price being under $10, Acasti has been gaining attention due to its promising pipeline of drugs and strong clinical trial results.
Acasti’s stock has been volatile, but its growth potential is evident in its commitment to innovative therapies. If the company continues to make progress in the clinical development of its drugs, Acasti Pharma could be one of the best stocks to buy under $10 in 2025.
3. Sundial Growers Inc. (SNDL)
Sundial Growers is a Canadian cannabis company that focuses on the production and sale of marijuana products. The cannabis industry has seen significant growth, especially with increasing legalization in North America. Sundial, though priced under $10, has shown positive momentum, making it a stock to watch in 2025.
The company has been focusing on expanding its portfolio and increasing revenue through strategic partnerships and acquisitions. With an increasing demand for cannabis, Sundial Growers is poised to capture market share, which could lead to significant stock price appreciation.
4. Zomedica Corp. (ZOM)
Zomedica is a veterinary health company that focuses on developing products for companion animals, particularly in diagnostics and therapeutics. The stock price for Zomedica has hovered under $10, but the company has been making significant strides in the animal health space. Their flagship product, TRUFORMA, is a point-of-care diagnostic platform designed for veterinarians.
As more pet owners seek better healthcare for their animals, Zomedica is well-positioned to meet this growing demand. With a solid product offering and an expanding market, Zomedica could be one of the top low-priced stocks to buy in 2025.
5. Ideanomics Inc. (IDEX)
Ideanomics is a company that focuses on electric vehicles (EVs), renewable energy, and fintech solutions. With the global push toward sustainability and cleaner energy, Ideanomics is well-positioned in the rapidly growing EV market. The stock is priced under $10, but its exposure to the EV space could provide significant upside potential.
Ideanomics has been making moves to expand its EV and clean energy portfolio, which could lead to increased market share and higher stock prices in the future. Investors looking for low-priced stocks with high growth potential may want to keep an eye on Ideanomics.
How to Minimize Risk When Investing in Stocks Under $10
Investing in stocks priced under $10 carries higher risks, but there are strategies to mitigate potential losses:
- Diversification: Spread your investments across different sectors and industries to reduce the impact of any one stock’s poor performance.
- Set Stop-Loss Orders: Implement stop-loss orders to automatically sell a stock if its price falls below a certain threshold, minimizing potential losses.
- Research and Analysis: Perform in-depth research on each stock you’re considering. Pay attention to the company’s fundamentals, market trends, and recent performance to make more informed decisions.
- Stay Informed: Keep track of news, earnings reports, and industry updates to stay on top of any developments that could affect the stock’s performance.
Conclusion
Best stocks to buy now under $10 can provide significant opportunities for growth, especially if you choose companies with strong fundamentals and promising future prospects. The five stocks highlighted in this article—Transocean, Acasti Pharma, Sundial Growers, Zomedica, and Ideanomics—offer various growth potentials across different sectors, including energy, biopharmaceuticals, cannabis, and electric vehicles. While these stocks come with volatility and risk, they also provide an affordable entry point for investors looking to capitalize on future market trends.
As always, it’s essential to conduct your own research and consider your risk tolerance before making any investment decisions. By focusing on stocks with strong growth potential and sound financial health, you can increase your chances of success in the dynamic world of low-priced stocks.
