Investing

5 Sizzling Stocks to Buy Trading Under $10 With Massive Upside Potential

Evogene

This is an idea for investors sifting through the health care arena looking for a bargain. Evogene Ltd. (NASDAQ: EVGN) engages in the development and commercialization of a computer-biological platform for improving the development processes of products in the field of life sciences. It operates through the following segments.

The Agriculture segment engages in the development of seed traits, agrochemical products and agrobiological products to improve plant performance. The Industry segment engages in the development of castor bean seeds to serve as a feedstock source for biofuel and other industrial uses. The Human segment engages in the discovery and development of human microbiome-based therapeutics.

Cantor Fitzgerald recently started coverage and has a $9 price target, the same as the consensus target. The stock has rallied smartly, closing above the $4 level recently.

Magnolia Oil and Gas

This smaller cap company has been on a wild ride this year and its shares look poised to move higher. Magnolia Oil and Gas Corp. (NYSE: MGY) engages in the business of acquisition, development, exploration and production of oil, natural gas and natural gas liquids reserves in the United States.


The company has oil and natural gas properties located in Karnes County and the Giddings Field in South Texas, primarily comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2019, its assets consisted of a total leasehold position of 455,964 net acres, including 16,841 net acres with 200 net producing wells in the Karnes County portion of the Eagle Ford Shale, and 439,123 net acres with 846 net producing wells in the Giddings Field of the Austin Chalk.

Goldman Sachs recently raised its price target to $9.50. The posted consensus target is $7.86. The shares have seen a nice move higher recently and were trading just over $8.

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