Low-price stocks under $10 can be quick money-making machines if the entry is timed well. These stocks carry a high risk, and trading should be limited to a small part of the portfolio.However, if stocks double or triple in quick time, even a small allocation significantly impacts the overall portfolio health. This column focuses on three stocks under $10, likely to triple before the end of next year.First, low-price stock does not necessarily imply speculative ideas. These stocks represent companies with g ...

Meme stocks can be likened to altcoins in terms of volatility and the ferocity of price action. Getting into the right meme stock can potentially imply multibagger returns in a matter of months.Without doubt, there is a significant element of speculation when it comes to these stocks. I however prefer to consider exposure to meme stocks that have fundamental reasons for surging higher. Additionally, meme stocks with decent fundamentals and a high short interest are worth buying for stellar returns at the bl ...

Speculative penny stocks, or risky stocks trading for $5 per share or less, can produce big gains, but they can also lead to big losses. As such, not only is position-sizing key. It is imperative to select names in this category that offer sufficient potential reward to outweigh the risk.However, out of thousands of penny stocks that trade either on a major exchange, or in the over-the-counter market, there are plenty that fit the bill. We can break these down into two categories.First, there are names in “ ...

The central idea behind cheap speculative stocks under $3 is simple: small-capitalization investments may lever a greater potential for outsized returns. Of course, that depends greatly on the stars aligning perfectly, which rarely happens. Still, analyst-endorsed ideas could put the odds in the gamblers’ favor.Another reason why speculative stocks are so enticing is accessibility. Not all brokerages offer fractional ownership of shares. Therefore, some retail investors may be blocked out of investing in po ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Bitfarms Ltd. (BITF) .Bitfarms Ltd. currently has an average brokerage rec ...

Bitfarms Ltd. (BITF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -22.3% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Technology Services industry, to which Bitfarms Ltd. belongs, has gained 1.1% over this period. Now the key question is: Where could the stock be headed in the near term?Alt ...

At the beginning of 2023, Carvana (NYSE:CVNA) stock was trading at $5. A massive rally ensured, and CVNA stock currently trades near $80. It’s the dream of every investor to get a 10-bagger or 20-bagger in a matter of a year. However, not all penny stocks fire.An important point to note is that the rally in CVNA stock is not purely speculative. While the e-commerce platform for buying and selling used cars faced challenges, financial metrics showed improvement. Without getting into details, the point I want ...

Amidst Bitcoin’s massive surge, investors are eagerly searching for Bitcoin-related stocks to join in the bull run.These Bitcoin-related stocks each carve a niche in the rapidly evolving financial technology sector. The first one stands at the forefront of cryptocurrency mining, showcasing remarkable growth and strategic miner acquisitions that set the stage for future expansion.The second one, a giant in the cryptocurrency exchange arena, impresses with its robust financial performance, strategic product l ...

The recent sell-off in a number of top blockchain stocks presents a compelling opportunity for long-term investors. While Bitcoin (BTC-USD) has soared to new highs, shares of companies with blockchain exposure have lagged significantly. Some have even declined recently, despite their balance sheets continuing to improve alongside the rising price of Bitcoin.This disconnect has created a unique window to buy blockchain stocks at a discount compared to their underlying crypto asset holdings. As we know, it ta ...

- Fully exercises 28,000 Bitmain T21 miner purchase option –- Purchases additional 19,280 Bitmain T21 miners –- Purchases 3,888 Bitmain S21 miners –- Purchases 740 Bitmain S21 Hydro miners – This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Quebec, March 11, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically i ...