2 No-Brainer Stocks to Buy Right Now for Less than $10
Some investors place a lot of meaning in the nominal prices of stocks they are considering as investments. They may see a stock under $10 per share and think they have found a bargain.
However, these investors should know that performance per share is the most critical metric. Strategies such as stock splits and buybacks can influence a stock price without affecting a company's business, making the nominal price largely meaningless.
Still, there are some successful stocks out there -- Amazon and Booking Holdings are two examples -- that once traded at single-digit prices. Also, lower nominal share prices allow small-scale retail investors to purchase whole shares more easily. Such factors can make lower-priced stocks worthy of consideration ... in some cases.
Source Fool.com
