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Top 10 Stocks Under $20

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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.

1.       AngioDynamics Inc. (ANGO - Free Report)

Prior Close: $17.31

AngioDynamics is a leading provider of medical devices used for the minimally invasive diagnosis and treatment of peripheral vascular disease. The company has surpassed the Zacks Consensus Estimate by an average of 21.63% in each of the last three quarters, and after its success in the most recent quarter, analysts have been revising their estimates upward for this stock. ANGO’s current-quarter Zacks Consensus Estimate has gained a penny in the last 30 days, which goes along nicely with its VGM score of “A.”

 

2.       Archrock Partners

Prior Close: $14.95

Archrock Partners provides natural gas contract compression services throughout the United States. The company is getting set to report its latest earnings data on November 1, and it currently has a positive Earnings ESP of 8.33% thanks to recent EPS estimate upgrades. With another earnings beat in sight, Archrock will hope to continue the impressive run that has earned the stock an “A” grade for Momentum.

 

3.       BlackBerry Ltd

Prior Close: $7.48

BlackBerry, once known for its iconic mobile phones, has recently shifted its focus to software and has redefined itself has an all-encompassing mobile solutions company. Its current-quarter Zacks Consensus Estimate has gained five cents in the past 30 days, and we expect the company to see EPS growth of nearly 90% this year. BlackBerry is looking to maintain an impressive streak that has resulted in an average earnings beat of 61.25% in each of the trailing four quarters.

 

4.       Chemours Company (CC - Free Report)

Prior Close: $16.67

Chemours Company is a chemicals business that manufacturers brands such as Teflon, Ti-Pure, Krytox, and Viton. The company is expected to report on November 6, and based on recent positive estimate revisions, the stock has a positive Earnings ESP of 25.71%. After an earnings beat of nearly 108% last quarter, Chemours Company is looking to maintain the solid fundamentals that have helped it earn a VGM score of “A.”

 

5.       Casella Waste Systems (CWST - Free Report)

Prior Close: $11.08

Casella Waste Systems is a regional waste services company that provides collection and recycling services throughout the eastern portion of the United States. Casella is expected to report on November 3, and the stock is currently maintaining a positive Earnings ESP of 60%. The company has also displayed impressive fundamentals, which has helped it earn an “A” grade in every category of our Style Scores system.

 

6.       Harsco Corporation

Prior Close: $9.75

Harsco Corporation is a services and engineered products company that provides a variety of industrial and construction services. Harsco’s current-quarter Zacks Consensus Estimate has gained four cents in just the past seven days thanks to a pair of positive estimate revisions. The company has also earned a VGM score of “A,” which indicates that we are seeing relatively strong fundamental signs right now.

 

7.       NCI Building Systems

Prior Close: $14.25

NCI Building Systems is an integrated manufacturers of metal products for the building industry. After some positive estimate revision activity, the company’s current-quarter Zacks Consensus Estimate has gained two cents in the last 30 days. We are now expecting NCI to see EPS growth of 83.33% this year, and the company has also earned a VGM score of “A.”

 

8.       SITO Mobile

Prior Close: $5.04

SITO Mobile is a provider location-based advertising and mobile messaging platforms that allow brands to launch targeted mobile advertising campaigns. The company’s current-quarter Zacks Consensus Estimate has gained three cents over the past 30 days, which highlights the positive estimate revision activity SITO has seen. Additionally, SITO’s expected EPS growth of 114.58% has helped the company gain an “A” grade for Growth.

 

9.       The ExOne Company (XONE - Free Report)

Prior Close: $12.31

The ExOne Company provides three-dimensional printing machines and printed products to industrial customers. This 3D-printing company has seen its current-quarter Zacks Consensus Estimate gain a penny over the last 30 days. The stock has also earned an “A” grade for both Growth and Momentum. We also expect the company to see EPS growth of about 30% this fiscal year.

 

10.   Louisiana-Pacific Corporation (LPX - Free Report)

Prior Close: $18.60

Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile and Brazil. LPX’s current-quarter Zacks Consensus Estimate has gained eight cents in the last 30 days, and the company is expected to see EPS growth of 390% on revenue growth of 20% this year. These impressive growth numbers have also helped to stock earn its “A” grade for Growth.

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 just be great picks going forward.

Stocks that Aren't in the News. Yet.

You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>