2 Stocks Under $10 to Buy Right Now
Some of the biggest companies in the world started small. And that's why investors should pay attention to cheap stocks with significant growth potential over the long term. Let's explore the reasons why mobile game developer Glu Mobile (NASDAQ: GLUU) and software developer Palantir Technologies (NYSE: PLTR) fit the bill and could make great additions to your investment portfolio.
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Glu Mobile is a leading mobile game developer that uses a freemium business model. Most games are free to play, but players have the option of purchasing cosmetic upgrades and expanded functionality. This lucrative strategy helped send Glu Mobile's revenue up 40% to $133.3 in the second quarter, and the company can power continued growth by pivoting to real-world e-commerce.
Source Fool.com