2 Great Stocks Under $10 a Share
Stocks priced at less than $10 per share can be risky because they are often small-cap stocks, which are typically more volatile. They might also be shares of companies without earnings power or ones that plummeted due to bad management, macro shifts in their industry, or any number of reasons.
But sometimes there are good companies with strong growth potential sitting in this price range. Here are two that fit the bill.
You may not be familiar with LexinFintech Holdings (NASDAQ: LX), probably because it's based in China and is relatively small, with a market cap of $1.4 billion. It's an online consumer finance company targeting educated young professionals ages 18 to 36. It offers customers a credit line and an accompanying virtual credit card, called Le Card, which they can use to buy merchandise on LexinFintech's e-commerce platform, Fenquile. Customers can also link the credit line to payment providers like Alipay and WeChat to make purchases outside the Fenquile platform.
Source Fool.com
