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Finding the Best Cheap Stocks Under $10 to Buy Now
ZACKS· 2026-01-13 19:56
Core Insights - The stock market is nearing all-time highs as JPMorgan and major banks begin the fourth quarter earnings season, with expectations for a strong year in 2026 driven by earnings growth and potential interest rate cuts from the Fed [1] Group 1: Market Overview - Wall Street anticipates a bullish environment for stocks in 2026, encouraging investors to seek strong stocks, particularly those priced under $10 [2] - The SEC has redefined penny stocks to include those trading below $5, which are often viewed as speculative and carry higher risks [3][4] Group 2: Investment Opportunities - Stocks priced between $5 and $10 are generally considered less risky than penny stocks, making them more appealing to investors [5] - A selective approach can yield winning stocks under $10, with specific screening parameters to identify potential investments [6][8] Group 3: Company Spotlight - Gold Royalty (GROY) - Gold Royalty (GROY) is highlighted as a promising investment, focusing on gold-centric royalty financing solutions, with a strong earnings outlook for 2026 [9][10] - GROY is projected to grow its revenue by 66% in FY25 and 133% in FY26, reaching $39 million, while also expected to turn a profit of $0.06 per share in 2026 [11] - The company benefits from a structural bull run in gold prices, driven by global demand, geopolitical risks, and inflation, with GROY shares having increased by 285% over the past year [13]