Investing
5 Buy-Rated, Scorching-Hot Stocks All Trading Under $10
October 9, 2021 6:10 am
Honest Company
This company was started by actress Jessica Alba, and the stock has been pummeled since coming public earlier this year. Honest Co. Inc. (NASDAQ: HNST) manufactures and sells baby, personal and beauty care products. It offers products in the areas of diapers, bath, body, beauty, cleaning, gifts and clothing. The company serves customers through digital and retail sales channels, such as its website and third-party e-commerce sites, as well as brick-and-mortar retailers.
Despite a rash of shareholder lawsuits, Wall Street continues to like the prospects, and an aggressive investor could get a nice bounce from here.
Guggenheim has a $14 price target on Honest Company stock. The posted consensus target is in line at $14.06, and the stock was last seen at $9.55 on Friday.
Leap Therapeutics
This micro-cap biotech stock could be a huge winner for aggressive investors. Leap Therapeutics Inc. (NASDAQ: LPTX) is a clinical-stage biopharmaceutical company that acquires and develops therapies for the treatment of cancer.
The company’s lead programs include DKN-01, a monoclonal antibody that inhibits Dickkopf-related protein 1. DKN-01 is in multiple clinical trials for treating esophagogastric, hepatobiliary, gynecologic and prostate cancers.
Note that Leap Therapeutics has entered into a strategic partnership with BeiGene for the rights to develop DKN-01 in Asia (excluding Japan), Australia and New Zealand.
The Mizuho price target is $6. That is well above the $4.80 consensus target. Shares closed trading on Friday at $3.37.
24/7 Wall St.MultiPlan
This off-the-radar idea has reported solid earnings and could jump much higher. MultiPlan Corp. (NYSE: MPLN) provides data analytics and technology-enabled cost management, payment and revenue integrity solutions to the health care industry in the United States.
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