5 Scorching-Hot Stocks to Buy Under $10 With Big Upside Potential


This oat milk company had a recent initial public offering and was hammered, so it looks like a solid idea for aggressive investors. Oatly Group AB (NASDAQ: OTLY) provides a range of plant-based dairy products made from oats in Sweden.

It offers Barista edition oatmilk, oatgurts and frozen desserts and novelties. It has ready-to-go drinks, such as cold brew latte, mocha latte, matcha latte, and mini oatmilk in original and chocolate flavors, as well as cooking products, including cooking creams, creme fraiche products, whipping creams, vanilla custards and spreads in a variety of flavors.

The stock plunged recently nearly 21% after third-quarter revenue missed expectations and not just the Wall Street consensus but the company’s own forecast as well. Revenue totaling $171 million was a record for the oat-based dairy alternative company, up from $114.7 million the year before, but Chief Executive Toni Petersson had set much higher goals.

The $14 Morgan Stanley price target is less than the $16.39 consensus target. Oatly stock slipped below $10 a share this past week.


While way off the grid for most investors, this stock has been cut by 65% this year and looks ready to take some ground back. Ouster Inc. (NYSE: OUST) designs and manufactures digital lidar sensors for industrial automation, smart infrastructure, robotics and automotive markets. Its product portfolio includes OS0, an ultra-wide view digital lidar; OS1, a mid-range digital lidar; OS2, a long-range digital lidar; and ES2 digital lidar.

The company announced in October it had completed the acquisition of Sense Photonics and formally established Ouster Automotive, a new functional division of the company focusing on driving mass-market adoption of digital lidar in consumer and commercial vehicles. Under the terms of the agreement, Ouster acquired 100% of Sense and all its property for approximately 10 million shares of Ouster common stock, inclusive of 0.8 million shares underlying assumed options, after closing adjustments.

Barclays has set a $12 price target, but the consensus target is $16.75. The stock recently has been trading between $6 and $7.


This is a smaller market cap gold-mining stock for investors looking to add a higher share count and some inflation protection. Yamana Gold Inc. (NYSE: AUY) is a Toronto-based mining company with operations and development projects in North, South and Central America. The company is focused on growing profitably through the careful management of cost

Yamana engages in operating mines, development stage projects and exploration and mineral properties, chiefly in Canada, Brazil, Chile and Argentina. The company primarily sells precious metals, including gold, silver and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil, the Canadian Malartic mine in Canada, and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.

BofA Securities recently raised its rating to Buy, with a $6 price target. The consensus target for Yamana Gold stock is just $3.86, and the shares have been trading north of $4.

These are five stocks for aggressive investors looking to get share count leverage on companies that have 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.

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