Technology

5 Technology and Gaming Stocks Trading Under $10 With Massive Upside Potential

iClick Interactive

This Chinese company is thought to be in play as a potential buyout candidate. iClick Interactive Asia Group Ltd. (NASDAQ: ICLK)engages in the provision of online marketing and data technology platforms. Its data-driven solutions help marketers identify, engage and activate potential customers; monitor and measure the results of marketing campaigns; and create content catering to potential customers across different content distribution channels through both personal computer and mobile devices.

iClick offers mobile audience solutions, which are non-search-engine marketing solutions designed to identify, engage and activate audience on mobile apps and monitor and measure the results of online marketing activities on such channels. Other solutions focus on identifying, engaging and activating audience on non-mobile app content distribution channels comprising PC banner displays, PC video advertisements and search engine marketing. The company sells its solutions by entering into marketing campaign contracts with marketers or marketing agencies.

Alliance Global raised its price objective from $10 to $12, near the consensus figure of $12.13. Shares have retreated from the year-to-date high near $10 seen at the beginning of this month.

Limelight Networks

This stock looks to have bottomed recently and could be ready for a sizable move higher. Limelight Networks Inc. (NASDAQ: LLNW) offers services and solutions for businesses to deliver their digital content across the internet, mobile, social and other digital initiatives. It operates edge services platform that provides content delivery services, video content management services, performance services for website and web application acceleration and security, professional services, cloud storage and edge computing services, as well as sells equipment.

Limelight Networks also offers professional services and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, gaming, software and social media industries, as well as enterprises, technology companies and government entities conducting business online.

The Oppenheimer price objective is $9. The consensus target price is $8.86, and Limelight Networks stock rose above $6 late last week.

Zix

This company has gone through numerous transformations over the past 20 years and is poised for potential strong growth. Zix Corp. (NASDAQ: ZIXI) provides email encryption, data loss prevention (DLP), threat protection, archiving and bring-your-own-device mobile security solutions for the health care, financial services, insurance and government industries primarily in the United States.

The company offers the following:

  • ZixEncrypt bundles email encryption and DLP capabilities to enable the secure exchange of email
  • ZixProtect, a cloud-based service that defends organizations from zero-day malware, ransomware, phishing, CEO fraud, W-2 phishing attacks, spam and viruses in email
  • ZixArchive, a cloud-based email retention solution that enables user retrieval, compliance and e-discovery
  • ZixOne, a mobile email app that offers mobile access to corporate email and does not allow data to be persistently stored on employee’s devices

Zix sells its services through a direct sales force and a network of resellers and other distribution partners.

Northland Securities has a gigantic $11 price target. The consensus target is $10.50, and shares have mostly traded between $5 and $7 since April.


These are five stocks for very aggressive investors looking 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.