5 Stocks Trading Under $10 That Could Have Gigantic Upside Potential

While most of Wall Street focuses on large and mega cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the low-to-mid hundreds, all the way up to over $1,000 per share. At those steep prices, it’s pretty hard to get any decent share count leverage.

Many investors, especially more aggressive traders, look at lower-priced stocks as a way to not only make some good money but to get a higher share count. That can really help the decision-making process, especially when you are on to a winner, as you can always sell half and keep half.

We screened our 24/7 Wall St. research database and found five stocks trading under the $10 level that could provide investors with some solid upside potential. While much more suited for aggressive accounts, they could prove to be exciting additions to portfolios looking for solid alpha potential.

Aurora Cannabis

While some investors may be against cannabis companies, the potential upside is huge, and Wall Street is starting to notice. Aurora Cannabis (NYSE: ACB) has made a string of acquisitions to grow the scale of their overall business.  It produces and distributes medical cannabis products. The company is vertically integrated and horizontally diversified across various segments of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale and retail distribution.

The company’s products consist of dried cannabis and cannabis oil, CanniMed vegan capsules, and hemp products. It also sells vaporizers, consumable vaporizer accessories and herb mills for using herbal cannabis products. And it operates CanvasRX, a network of cannabis counseling and outreach centers, and provides cannabis analytical product testing services.

Jefferies has a Buy rating but just a $9.15 target price on the shares. However, Cowen rates the stock at Outperform and has a $14 price target. The shares closed trading on Friday at $10.37.

Caesars Entertainment

This well-known old-school gaming company is offering solid upside. Caesars Entertainment Corp. (NASDAQ: CZR) provides casino-entertainment and hospitality services, and its resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.

Caesars facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. Caesars Entertainment is one of the largest gaming companies in the world and currently owns or operates 49 casino properties in 13 states and in four other countries.

Activist investor Carl Icahn is said to be building a massive position in the company, which could be very positive for investors.

The SunTrust Robinson Humphrey price target is $11, and the Wall Street consensus target is $11.16 a share. The stock was trading at $8.45 on Friday’s close.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.