The Zacks Analyst Blog Highlights: BRF, Hewlett Packard, Luckin Coffee, Cronos Group And Pure Storage
Zacks Investment Research | Oct 30, 2019 11:41PM ET
For Immediate Release
Chicago, IL –October 31, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BRF S.A. (NYSE:BRFS) , Luckin Coffee Inc. Sponsored ADR (NASDAQ:LK) , Hewlett Packard Enterprise (NYSE:HPE) , Cronos Group Inc. (NASDAQ:CRON) and Pure Storage, Inc. (NYSE:PSTG) .
Here are highlights from Wednesday’s Analyst Blog:
5 Top-Ranked Cheap Stocks Under $20 to Buy Now
The S&P 500 hit a new high for the first time in three months on Monday as investors responded positively to a somewhat stronger-than-projected Q3 earnings season, U.S.-China trade war progress, and interest rate cut optimism. Therefore, now seems like a solid time to think about adding a few less expensive stocks to your portfolio.
Here at Zacks, we try to avoid labeling stocks as “expensive” or “cheap.” Instead, we look far beyond face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
With that said, lower-priced stocks can be more volatile than stocks trading at higher prices. Nonetheless, stocks that trade for $20 or less can still be highly attractive to investors for many reasons. They also present the chance to take a larger position in a company.
When searching for these low-priced, or cheap stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.
Today we found 5 stocks currently trading for under $20 per share using our Zacks Investment Research
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