We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive,” and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced stocks. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted ten stocks that are currently trading for under $20 per share. All of these stocks currently have a Zacks Rank #1 (Strong Buy), and a variety of other factors make these companies stand out as having strong upside potential. We’ve also spread this list across different sectors and industries so investors looking for low-priced stocks can put together a diverse portfolio or find a stock in their favorite market sector.
1. Isle of Capri Casinos
Previous Close: $18.54
Isle of Capri Casinos is a developer, owner, and operator of branded gaming and lodging facilities in growing markets throughout the United States. The company currently operates 15 casinos across seven states and welcomes nearly 15 million visitors each year. Isle of Capri currently holds a VGM score of “A” and boasts three positive estimate revisions for its annual earnings.
Nikon is one of the most recognizable names in the world of cameras, camera lenses, and other optical instruments. This Tokyo-based company markets its products to a variety of customers, ranging from entry-level hobbyists to professional camera operators. Over the past four quarters, Nikon has surpassed the Zacks Consensus Estimate by an average of 77% and it falls into a group of the top 10% of companies in the Zacks Industry Rank. Nikon sports a VGM score of “A” and expects to see sales growth of 12.6% this year.
Ryerson is a metal processing and distribution company with a specific focus on stainless steel, aluminum, carbon, alloy steel, nickel, and red metals that services a wide range of industries, including oil and gas, industrial equipment, and electrical machinery. The company has seen two positive estimate revisions for both its current quarter and annual earnings after beating the Zacks Consensus Estimate by 225% last quarter. Ryerson also sports an “A” grade in our VGM category. Ryerson is set to report its latest earnings data on August 9; with a positive Earnings ESP of 8.7%, an earnings beat is more likely for the company.
4. MSG Networks
Previous Clouse: $16.15
MSG Networks is a media production company that covers primarily New York-based sports teams. Like many in the broadcasting industry, MSG Networks has struggled in recent times, but with New York teams like the Knicks set for rebound years, MSG Networks could see a boost soon. For example, the company has seen one positive estimate revision for its next-year earnings. The stock also has a VGM score of “A,” which is boosted by its Value grade of “A” and solid P/E ratio of 7.86.
Danaos Corp. is a leading international owner of containerships, and the company charters vessels to many of the world’s largest liner companies. Danaos has an impressive history of earnings beats, surpassing the Zacks Consensus Estimate by an average of 16.82% in the trailing four quarters. The company is set to report earnings on August 1, and our Zacks Consensus Estimate of 43 cents per share would represent EPS growth of over 21%. The stock also holds a VGM score of “A.”
Intrawest Resorts, headquartered in Denver, Colorado, is a mountain resort and adventure company which delivers vacation packages and travel experiences to customers. The stock has been one of the hottest momentum picks of 2016, with share prices nearly doubling so far this year. With a VGM score of “A” and a recent history of beating the Zacks Consensus Estimate, Intrawest holds solid Zacks Metrics. Estimate revisions are already starting to trend upwards for the company’s next-year earnings, and investors will hope that Intrawest Resorts can continue its impressive run.
SABESP provides public water and sewage services to residential, commercial, industrial and governmental customers in the City of Sao Paulo, Brazil. While Rio will benefit the most from this year’s Summer Olympics, Sao Paulo should get increased traffic as it will be hosting a few events too. This company has a VGM score of “A,” a P/E ratio of 13.23, and has seen one positive earnings estimate revision within the past 60 days.
8. Omnova Solutions
Previous Close: $9.76
Omnova Solutions is a developer and manufacturer of emulsion polymers, specialty chemicals, and building products for both commercial and consumer markets. The company has seen two positive estimate revisions for its current-quarter earnings and one positive revision for its full-year earnings within the past 60 days. The stock has a VGM score of “A,” boosted by its grades of “A” in both the Growth and Momentum categories. Omnova has been on an incredible run, and shares have gained over 56% in the past four weeks.
Toray Industries is a Japan-based manufacturer of industrial products centered on technologies that utilize different chemistry-based processes. The stock currently has a VGM score of “A,” which is led by its grades of “A” in both the Value and Momentum categories. The company is expecting to see sales growth of over 15% this fiscal year, and within the past 30 days we have seen one positive earnings estimate revision for that timeframe.
Repsol SA is a developer of crude oil and natural gas products based out of Madrid, Spain. This stock is yet another with a VGM score of “A,” and we are seeing great earnings estimate revision activity for the company. Within the past 30 days, two analysts have adjusted their full-year earnings estimates for Repsol SA upwards. In that timeframe, the Zacks Consensus Estimate for the company’s full-year earnings has gone up 22 cents.
Bottom Line
A stock’s market price is not a clear indicator of whether it is a good investment. However, the nice thing about the Zacks Rank is that it can be applied to stocks of any price. All of the stocks highlighted here hold a Zacks Rank #1 (Strong Buy) rankings, while also possessing other qualities that help them stick out. For smaller investors looking to get into solid stocks at lower prices, this list is a great place to start and all of these companies could be impressive picks going forward.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Top Ten Stocks Under $20
Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive,” and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced stocks. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted ten stocks that are currently trading for under $20 per share. All of these stocks currently have a Zacks Rank #1 (Strong Buy), and a variety of other factors make these companies stand out as having strong upside potential. We’ve also spread this list across different sectors and industries so investors looking for low-priced stocks can put together a diverse portfolio or find a stock in their favorite market sector.
1. Isle of Capri Casinos
Previous Close: $18.54
Isle of Capri Casinos is a developer, owner, and operator of branded gaming and lodging facilities in growing markets throughout the United States. The company currently operates 15 casinos across seven states and welcomes nearly 15 million visitors each year. Isle of Capri currently holds a VGM score of “A” and boasts three positive estimate revisions for its annual earnings.
2. Nikon Corp. (NINOY - Free Report)
Previous Close: $13.92
Nikon is one of the most recognizable names in the world of cameras, camera lenses, and other optical instruments. This Tokyo-based company markets its products to a variety of customers, ranging from entry-level hobbyists to professional camera operators. Over the past four quarters, Nikon has surpassed the Zacks Consensus Estimate by an average of 77% and it falls into a group of the top 10% of companies in the Zacks Industry Rank. Nikon sports a VGM score of “A” and expects to see sales growth of 12.6% this year.
3. Ryerson Holdings (RYI - Free Report)
Previous Close: $13.76
Ryerson is a metal processing and distribution company with a specific focus on stainless steel, aluminum, carbon, alloy steel, nickel, and red metals that services a wide range of industries, including oil and gas, industrial equipment, and electrical machinery. The company has seen two positive estimate revisions for both its current quarter and annual earnings after beating the Zacks Consensus Estimate by 225% last quarter. Ryerson also sports an “A” grade in our VGM category. Ryerson is set to report its latest earnings data on August 9; with a positive Earnings ESP of 8.7%, an earnings beat is more likely for the company.
4. MSG Networks
Previous Clouse: $16.15
MSG Networks is a media production company that covers primarily New York-based sports teams. Like many in the broadcasting industry, MSG Networks has struggled in recent times, but with New York teams like the Knicks set for rebound years, MSG Networks could see a boost soon. For example, the company has seen one positive estimate revision for its next-year earnings. The stock also has a VGM score of “A,” which is boosted by its Value grade of “A” and solid P/E ratio of 7.86.
5. Danaos Corp. (DAC - Free Report)
Previous Close: $4.38
Danaos Corp. is a leading international owner of containerships, and the company charters vessels to many of the world’s largest liner companies. Danaos has an impressive history of earnings beats, surpassing the Zacks Consensus Estimate by an average of 16.82% in the trailing four quarters. The company is set to report earnings on August 1, and our Zacks Consensus Estimate of 43 cents per share would represent EPS growth of over 21%. The stock also holds a VGM score of “A.”
6. Intrawest Resorts (SNOW - Free Report)
Previous Close: $14.89
Intrawest Resorts, headquartered in Denver, Colorado, is a mountain resort and adventure company which delivers vacation packages and travel experiences to customers. The stock has been one of the hottest momentum picks of 2016, with share prices nearly doubling so far this year. With a VGM score of “A” and a recent history of beating the Zacks Consensus Estimate, Intrawest holds solid Zacks Metrics. Estimate revisions are already starting to trend upwards for the company’s next-year earnings, and investors will hope that Intrawest Resorts can continue its impressive run.
7. SABESP (SBS - Free Report)
Previous Close: $9.39
SABESP provides public water and sewage services to residential, commercial, industrial and governmental customers in the City of Sao Paulo, Brazil. While Rio will benefit the most from this year’s Summer Olympics, Sao Paulo should get increased traffic as it will be hosting a few events too. This company has a VGM score of “A,” a P/E ratio of 13.23, and has seen one positive earnings estimate revision within the past 60 days.
8. Omnova Solutions
Previous Close: $9.76
Omnova Solutions is a developer and manufacturer of emulsion polymers, specialty chemicals, and building products for both commercial and consumer markets. The company has seen two positive estimate revisions for its current-quarter earnings and one positive revision for its full-year earnings within the past 60 days. The stock has a VGM score of “A,” boosted by its grades of “A” in both the Growth and Momentum categories. Omnova has been on an incredible run, and shares have gained over 56% in the past four weeks.
9. Toray Industries (TRYIY - Free Report)
Previous Close: $17.27
Toray Industries is a Japan-based manufacturer of industrial products centered on technologies that utilize different chemistry-based processes. The stock currently has a VGM score of “A,” which is led by its grades of “A” in both the Value and Momentum categories. The company is expecting to see sales growth of over 15% this fiscal year, and within the past 30 days we have seen one positive earnings estimate revision for that timeframe.
10. Repsol SA (REPYY - Free Report)
Previous Close: $12.72
Repsol SA is a developer of crude oil and natural gas products based out of Madrid, Spain. This stock is yet another with a VGM score of “A,” and we are seeing great earnings estimate revision activity for the company. Within the past 30 days, two analysts have adjusted their full-year earnings estimates for Repsol SA upwards. In that timeframe, the Zacks Consensus Estimate for the company’s full-year earnings has gone up 22 cents.
Bottom Line
A stock’s market price is not a clear indicator of whether it is a good investment. However, the nice thing about the Zacks Rank is that it can be applied to stocks of any price. All of the stocks highlighted here hold a Zacks Rank #1 (Strong Buy) rankings, while also possessing other qualities that help them stick out. For smaller investors looking to get into solid stocks at lower prices, this list is a great place to start and all of these companies could be impressive picks going forward.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>