Some of the best stocks on the market once traded at less than $5 a share.
Look at Advanced Micro Devices. Back in 2016, the future tech giant traded at just $2.50. It would eventually rally to a high of $213.83. Or look at SoundHound AI, which ran from $1.15 to a high of about $25.
For similar returns, it all comes down to the story behind the stock; if it’s jumping on a wave of momentum, as we’ve seen with artificial intelligence, or if its technology has game-changing market potential. Plus, low-priced stocks under $5 often present a unique opportunity for those seeking high returns with a small investment.
Here are four of the best stocks to buy under $5 you may want to consider.
This post originally appeared at 24/7 Wall St.