Have $5-10? 7 Affordable Stocks That Are About to Breakout.

Core Insights - Stocks priced between $5 and $10 are generally more stable and have shown significant growth, with all discussed stocks returning 10% or more in 2024 and achieving revenue growth of 20% or more in their latest earnings reports [1] Payoneer Global (PAYO) - Payoneer Global is a fintech company serving small and medium enterprises, reporting a 19% revenue increase in Q1 2024, with record revenues of $162.9 million driven by a 21% volume increase [2][3] - Net income surged by 265% year-over-year to $29 million, with consensus expectations suggesting potential returns of 20% to 50% in the next 12 months [3] Arcutis Biotherapeutics (ARQT) - Arcutis Biotherapeutics has seen revenues grow from $2.8 million to $21.6 million in Q1 2024, with its Zoryve treatment contributing $15 million [5] - The company plans to submit documents for its psoriasis treatment, Arrector, to the FDA in Q3 2024 following a successful Phase 3 trial [5][6] Nyxoah (NYXH) - Nyxoah specializes in sleep apnea treatment devices, with revenues increasing nearly 200% in Q1 2024 [7] - The company anticipates FDA approval for its device by the end of 2024, which could significantly boost share prices [8] Redwire Corporation (RDW) - Redwire Corporation has provided nearly 80% returns in 2024, with Q1 sales growing by nearly 53% to $87.8 million [10][11] - The company has become free cash flow positive, indicating potential for future profitability [11] Delcath Systems (DCTH) - Delcath Systems reported a revenue increase from $600,000 to $3.1 million in Q1 2024, with $2 million from its FDA-approved Hepzato Kit [12] - The company has increased its expected number of activated U.S. treatment centers from 15 to 20 for 2024 [12][13] Rush Street Interactive (RSI) - Rush Street Interactive's stock has more than doubled in 2024, with revenues growing by 34% to $217 million [15] - The company revised its EBITDA guidance upward by 38%, indicating a potential path to net income in the near future [15] Acacia Research (ACTG) - Acacia Research's revenues grew from $14.8 million to $24.3 million in Q1 2024, with its intellectual property segment driving significant growth [16] - The company has expanded its upstream oil assets, purchasing 140,000 acres, positioning itself interestingly within the oil industry narrative [17]