Why You Do Have Some Great Stocks for Under $10

1. Why You Do Have Some Great Stocks for Under $10 You don’t always have to start big when it comes to stock trading. At the start of the New Year, here are a few stocks under $10 but with great potential. TradeZero Ocean Place Cable Beach, Unit #1 Nassau, Bahamas

2. The start of the New Year beckons one and all to start trading stocks. Helping them do that is commission free trading offered by advanced online broker dealers. Freedom from commissions helps maximize profitability. And getting cheaply priced stocks can also prove to be profitable. There are great stocks available for under $10. Though stocks priced low are usually unproven or risky, analyst Louis Navellier estimates there are some stocks under $10 that cannot be always categorized that way. You’d have heard of penny stocks that are rare to find these days. That’s because stocks selling for lesser than a dollar are not allowed by many major exchanges. Stocks starting at less than $5 per share are also not bought by most institutions and funds. So we need to look to stocks in the under-$10 category, where there are some great stocks. These “A”-rated stocks are in a great situation in the market right now. An Oil Shipping Stock Shipping company DHT Holdings ($DHT) is one of these. With a ship fleet deployed all over the world, DHT Holdings is in the business of transporting oil from one port to another. Companies such as these do well when the global economy does well. With the expanding economy, there is a greater requirement for transportation and production of goods. There is more energy needed and that’s when the demand for oil rises. DHT was up by a massive 105% with the increase in competition in Asia and the Middle East for energy shipments. A Gold Miner Eldorado Gold ($EGO) is a gold mining stock, and this sector also grows when the markets are bullish. This Canadian company operates mines in its home country as well as Greece, Turkey, Serbia, Romania and Brazil. The company also boasts a market cap of $1 billion. That may not put it in line with large mining firms, but that enables it to profitably make use of smaller mines. Gold prices were up by around 20% for 2019. But Eldorado Gold trumped the market and was up by 170%, giving it significant leverage. Navellier reckons 2020 is looking likely to be a great year for gold. That implies Eldorado could do well. One of the Oldest Web Browsers Still Around Opera ($OPRA) is a web browser based in Norway that is gaining popularity. Its origin dates to the days of the founding of the Internet, even before Google ($GOOG, $GOOGL) was founded. But despite the fact that it is one of the first ever Internet browsers, not many www.tradezero.co +1.954.944.3885

3. know of it. That, Navellier says, is because Opera is focused on new or emerging markets after Google gained worldwide popularity. Opera is now primarily operating in India and Africa which are huge markets that are currently under-served by Google and other big browsers. Opera has in place licensing deals with Yandex ($YNDX) and Google for its browsers and services. It has also created a fintech wing, serving the needs of consumers in Africa and India by providing microloans. The stock was up 72% in 2019, and with the economy in great shape, the stocks looks set to grow. www.tradezero.co +1.954.944.3885