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.
1. BlackBerry Limited
Prior Close: $7.92
BlackBerry LTD is engaged in the design, manufacture, and marketing of hardware and software solutions for the mobile communications market. The company has seen two positive estimate revisions for its current-quarter earnings in just the past week, and our Zacks Consensus Estimates call for EPS growth in this period, as well as for the next quarter and the full fiscal year. BlackBerry will be able to post year-over-year EPS growth, in spite of its declining revenue, because the company has successfully shifted its focus away from its failing handset division and towards the more-profitable software business.
2. First Bank (FRBA - Free Report)
Prior Close: $12.05
First Bank is a New Jersey-based bank with five full-service branches throughout the state. Right now, the company is benefitting from the strength of the regional banking industry, as its own group of similar businesses currently falls into the Top 15% of the Zacks Industry Rank. The company is also poised to deliver double-digit sales and EPS growth throughout the year. For its full-year earnings, which have seen one positive estimate revision in the past seven days, our consensus predictions would represent growth of 31% on sales growth of 19%.
3. Nova Measuring Instruments (NVMI - Free Report)
Prior Close: $18.20
Nova Measuring Instruments develops and produces monitoring and measurement tools for the semiconductor manufacturing industry. In its most recent earnings report, Nova Measuring posted yet another beat; the company has surpassed the Zacks Consensus Estimate by an average of 31% in each of the trailing four quarters. We expect Nova Measuring to report its latest results on May 9, and our current consensus estimates call for earnings of 38 cents per share and revenue of $52.20 million. Those figures would represent year-over-year growth of 171% and 53%, respectively.
4. TIM Participacoes S.A.
Prior Close: $16.26
Through its subsidiaries, TIM Participacoes is the largest provider of mobile cellular service in Brazil, and it’s also the only company to operate throughout the entire Brazilian territory. After surpassing the Zacks Consensus Estimate by more than 50% in its last report, the company is looking to continue its momentum. It’s also worth noting that TIM falls into a group of companies that is currently in the Top 13% of the Zacks Industry Rank, and its strong fundamentals have helped it earn a VGM score of “B.”
5. Sphere 3D Corp. (ANY - Free Report)
Prior Close: $0.19
Sphere 3D Corporation is a virtualization technology solution provider. The company’s products allow access to third party software on any Cloud connected device.We’ve seen one positive estimate revision for Sphere 3D’s current-quarter, next-quarter, and full-year earnings within the past week, and although the company is not yet profitable, our consensus revenue and EPS estimates point to consistent growth over the next two years. Sphere 3D could end up positioned very well in the continuously growing cloud computing landscape.
6. Diversified Restaurant Holdings
Prior Close: $2.13
Diversified Restaurant Holdings is the largest franchisee of Buffalo Wild Wings restaurants, with 64 locations throughout Florida, Illinois, Indiana, Michigan, and Missouri. Shares of SAUC have been on an incredible run lately, gaining more than 50% so far this year. And there’s reason to believe that this momentum can continue. The company has seen a flurry of positive estimate revision activity, and it boasts “A” grades in all of our Style Scores categories. Alongside its strong Zacks Rank, this means that SAUC could appeal to value, growth, and momentum focused investors.
7. BGC Partners, Inc.
Prior Close: $10.96
BGC Partners is a leading global full-service inter-dealer broker, specializing in the trading of financial instruments and related derivatives products. The company sits on top of a group that falls into the Top 11% of the Zacks Industry Rank, and it significantly outperforms its industry peers in key categories like RoE, P/E ratio, and projected sales growth. The stock is also a Style Scores darling, earning itself an “A” grade in the weighted-average VGM category.
8. ZAGG Inc.
Prior Close: $7.00
ZAGG Inc. is a designer and manufacturer of protective coverings and accessories for consumer electronics. The company is best known for its “invisibleSHIELD” line of screen protectors. Although earnings for the current quarter will face tough year-over-year comparisons, 2017 is shaping up to be a year of impressive EPS and sales growth for ZAGG Inc. Our current consensus estimates call for full-year earnings growth of 183% on sales growth of 17%. As for right now, the company’s solid Zacks Rank is underscored by its positive earnings estimate revision activity.
9. ON Semiconductor Corp. (ON - Free Report)
Prior Close: $14.79
ON Semiconductor is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices. In its most recent report, the company announced earnings that surpassed the Zacks Consensus Estimate by nearly 40%, and since then, earnings estimate revisions for upcoming periods have been pouring in. We’ve seen six positive revisions for the current quarter and the next quarter, as well has 10 positive revisions for the full fiscal year. Our current consensus estimates call for EPS growth of almost 60% for the company’s fiscal 2017.
10. ArcelorMittal (MT - Free Report)
Prior Close: $8.19
ArcelorMittal is world's largest steel producer. It remains a world leader in all the main sectors including automotive, household appliances, packaging and construction. After posting a loss in the year-ago quarter, the company’s upcoming report should see favorable year-over-year comparisons, and it could help extend the momentum that has helped shares move nearly 14% higher in 2017. ArcelorMittal has also earned an “A” grade for Value, making it a favorite pick for value-minded investors, but the stock is strong in all Style Scores categories and currently reps an “A” grade in the weighted-average VGM category too.
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.
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like a sneak peek at the stocks Zacks experts recommend? Starting today, for the next month, you can follow all of Zacks' private buys and sells in real time. You can track value and momentum stocks, ETFs, stocks under $10, options moves, insider trades, and stocks set to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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.
1. BlackBerry Limited
Prior Close: $7.92
BlackBerry LTD is engaged in the design, manufacture, and marketing of hardware and software solutions for the mobile communications market. The company has seen two positive estimate revisions for its current-quarter earnings in just the past week, and our Zacks Consensus Estimates call for EPS growth in this period, as well as for the next quarter and the full fiscal year. BlackBerry will be able to post year-over-year EPS growth, in spite of its declining revenue, because the company has successfully shifted its focus away from its failing handset division and towards the more-profitable software business.
2. First Bank (FRBA - Free Report)
Prior Close: $12.05
First Bank is a New Jersey-based bank with five full-service branches throughout the state. Right now, the company is benefitting from the strength of the regional banking industry, as its own group of similar businesses currently falls into the Top 15% of the Zacks Industry Rank. The company is also poised to deliver double-digit sales and EPS growth throughout the year. For its full-year earnings, which have seen one positive estimate revision in the past seven days, our consensus predictions would represent growth of 31% on sales growth of 19%.
3. Nova Measuring Instruments (NVMI - Free Report)
Prior Close: $18.20
Nova Measuring Instruments develops and produces monitoring and measurement tools for the semiconductor manufacturing industry. In its most recent earnings report, Nova Measuring posted yet another beat; the company has surpassed the Zacks Consensus Estimate by an average of 31% in each of the trailing four quarters. We expect Nova Measuring to report its latest results on May 9, and our current consensus estimates call for earnings of 38 cents per share and revenue of $52.20 million. Those figures would represent year-over-year growth of 171% and 53%, respectively.
4. TIM Participacoes S.A.
Prior Close: $16.26
Through its subsidiaries, TIM Participacoes is the largest provider of mobile cellular service in Brazil, and it’s also the only company to operate throughout the entire Brazilian territory. After surpassing the Zacks Consensus Estimate by more than 50% in its last report, the company is looking to continue its momentum. It’s also worth noting that TIM falls into a group of companies that is currently in the Top 13% of the Zacks Industry Rank, and its strong fundamentals have helped it earn a VGM score of “B.”
5. Sphere 3D Corp. (ANY - Free Report)
Prior Close: $0.19
Sphere 3D Corporation is a virtualization technology solution provider. The company’s products allow access to third party software on any Cloud connected device.We’ve seen one positive estimate revision for Sphere 3D’s current-quarter, next-quarter, and full-year earnings within the past week, and although the company is not yet profitable, our consensus revenue and EPS estimates point to consistent growth over the next two years. Sphere 3D could end up positioned very well in the continuously growing cloud computing landscape.
6. Diversified Restaurant Holdings
Prior Close: $2.13
Diversified Restaurant Holdings is the largest franchisee of Buffalo Wild Wings restaurants, with 64 locations throughout Florida, Illinois, Indiana, Michigan, and Missouri. Shares of SAUC have been on an incredible run lately, gaining more than 50% so far this year. And there’s reason to believe that this momentum can continue. The company has seen a flurry of positive estimate revision activity, and it boasts “A” grades in all of our Style Scores categories. Alongside its strong Zacks Rank, this means that SAUC could appeal to value, growth, and momentum focused investors.
7. BGC Partners, Inc.
Prior Close: $10.96
BGC Partners is a leading global full-service inter-dealer broker, specializing in the trading of financial instruments and related derivatives products. The company sits on top of a group that falls into the Top 11% of the Zacks Industry Rank, and it significantly outperforms its industry peers in key categories like RoE, P/E ratio, and projected sales growth. The stock is also a Style Scores darling, earning itself an “A” grade in the weighted-average VGM category.
8. ZAGG Inc.
Prior Close: $7.00
ZAGG Inc. is a designer and manufacturer of protective coverings and accessories for consumer electronics. The company is best known for its “invisibleSHIELD” line of screen protectors. Although earnings for the current quarter will face tough year-over-year comparisons, 2017 is shaping up to be a year of impressive EPS and sales growth for ZAGG Inc. Our current consensus estimates call for full-year earnings growth of 183% on sales growth of 17%. As for right now, the company’s solid Zacks Rank is underscored by its positive earnings estimate revision activity.
9. ON Semiconductor Corp. (ON - Free Report)
Prior Close: $14.79
ON Semiconductor is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices. In its most recent report, the company announced earnings that surpassed the Zacks Consensus Estimate by nearly 40%, and since then, earnings estimate revisions for upcoming periods have been pouring in. We’ve seen six positive revisions for the current quarter and the next quarter, as well has 10 positive revisions for the full fiscal year. Our current consensus estimates call for EPS growth of almost 60% for the company’s fiscal 2017.
10. ArcelorMittal (MT - Free Report)
Prior Close: $8.19
ArcelorMittal is world's largest steel producer. It remains a world leader in all the main sectors including automotive, household appliances, packaging and construction. After posting a loss in the year-ago quarter, the company’s upcoming report should see favorable year-over-year comparisons, and it could help extend the momentum that has helped shares move nearly 14% higher in 2017. ArcelorMittal has also earned an “A” grade for Value, making it a favorite pick for value-minded investors, but the stock is strong in all Style Scores categories and currently reps an “A” grade in the weighted-average VGM category too.
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.
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like a sneak peek at the stocks Zacks experts recommend? Starting today, for the next month, you can follow all of Zacks' private buys and sells in real time. You can track value and momentum stocks, ETFs, stocks under $10, options moves, insider trades, and stocks set to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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