2 Top Tech Stocks Under $20 Per Share
Share prices don't tell you much about the value of a company. That's just the price you get when dividing the total market cap of a company by the number of shares it has issued. Changing the number of slices won't make any difference to the company's overall value, even if it causes a huge jump or plunge in the stock price.
Small companies can cost more than $100 per share. Penny stocks can be wildly overpriced. High-priced tickers may turn out to be great deals in the long run. International giants can trade for less than $20 per stub. Anything is possible.
That being said, low share prices make stocks more accessible to us ordinary investors. Stocks that trade at very low prices today have often come down from loftier valuations in the past, and they could unlock tons of shareholder value by climbing back to those earlier highs.
Source Fool.com
