Investing
5 Favorite Stocks Trading Under $10 With Massive Upside Potential
July 20, 2019 8:55 am
Last Updated: January 30, 2020 6:21 pm
This top European tech and telecom company offers aggressive investors the potential for big upside. Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) provides network equipment and software and services for network and business operations worldwide.
The company’s Networks segment delivers products and solutions for mobile access, internet protocol and transmission networks, core networks and cloud. This segment offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; a cloud platform that handles workloads for various clouds; and telecom, information technology (IT) and commercial cloud services.
Its Global Services segment delivers managed services, including services for designing, building, operating and managing the day-to-day operations of the customer network or solutions; maintenance services; network sharing solutions; shared solutions; and managed services of IT environments, as well as provides broadcast and media services.
Ericsson investors receive just a 0.77% dividend. The $11.40 Merrill Lynch price target is well above the $6.63 consensus figure. The shares closed trading at $8.85 on Friday.
This telecommunications company once ruled the cell phone arena, until the advent of the smartphone in 2007. Nokia Corp. (NYSE: NOK) owns two main businesses: 1) Nokia Networks, a network infrastructure equipment supplier to global wireless and wireline operators, and 2) Technologies, its patent/IPR licensing activities.
Nokia’s customers include communications service providers whose combined networks support 6.1 billion subscriptions, as well as enterprises in the private and public sector that use the firm’s network portfolio to increase productivity. Through Nokia’s Research teams, including the world-renowned Nokia Bell Labs, the firm is leading the world to adopt end-to-end 5G networks that are faster and more secure.
This stock is on the Merrill Lynch US 1 list and comes with a $7.10 price target. The consensus target is set at $7.09, and the stock ended the week at $5.14 a share.
This company’s name actually became a verb years ago when people referred to recording TV shows. TiVo Corp. (NASDAQ: TIVO) provides entertainment technology, software and services. It operates through two segments.
The Intellectual Property Licensing segment consists of International Patent Group patent licensing to third-party guide developers such as multichannel video service providers, consumer electronics and set-top box manufacturers and interactive television software and program guide providers in the online, over-the-top video and mobile phone businesses.
The Product segment covers licensing of company-developed IPG products and services provided for multichannel video service providers and consumer electronics manufacturers, in-guide advertising revenue, analytics revenue and revenue from licensing metadata.
TiVo investors receive a very solid 4.37% dividend. B. Riley FBR has a massive $18 price target, but the consensus target is even higher at $21.54. The shares closed on Friday at $7.23 apiece.
These are five stocks for aggressive accounts looking to get share count leverage on companies with sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage on them. Note though that value stocks come with some risks while markets are at all-time highs.
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