5 Sizzling Stocks to Buy Under $10 With Big 2021 Upside Potential

Del Taco Restaurants

This stock has rallied big off last March’s lows and could benefit from continued reopening of the economy. Del Taco Restaurants Inc. (NASDAQ: TACO) is the second-largest Mexican-American quick-service restaurant chain by units in the United States. It engages in developing, franchising, owning and operating restaurants featuring made-to-order cuisine. It offers Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes.

Del Taco’s menu items are a big favorite with customers because they are made with quality ingredients like fresh grilled chicken and carne asada steak, sliced avocado, freshly grated cheddar cheese, slow-cooked beans made from scratch, and creamy queso blanco.

Del Taco serves more than 3 million guests each week at its approximately 600 restaurants across 16 states. Del Taco’s commitment to providing guests with the best quality and value for their money originates from cooking, chopping, shredding and grilling menu items from scratch.

Jefferies has a $12 price target, slightly higher than the $11.75 consensus. Shares have traded near $9.40 for the past month.

WiMi Hologram

This is an intriguing idea that spiked up huge in July but came back in and has put in a long base. WiMi Hologram Cloud Inc. (NASDAQ: WIMI) provides augmented reality (AR) based holographic services and products in China.

The company primarily offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footage real or animated three-dimensional objects, and its online holographic AR advertising solution embeds holographic AR ads into films.

The company’s holographic AR entertainment products consist primarily of payment middleware software, game distribution platform and holographic mixed reality software.

Benchmark recently started coverage with a Buy rating and an $8 price target, the same as the consensus target. The shares have traded north of $6 for the past six weeks.

These are five stocks for aggressive investors that look to get share count leverage on companies that have sizable upside potential. While not suited for all investors, these are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.

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