Top 5 Low-Cost Stocks to Watch in 2018 for Your Investment Portfolio
Discover the top five penny stocks to consider adding to your investment portfolio in 2018. This overview highlights affordable stocks with growth potential, including Enphase Energy, AK Steel, Genesis Healthcare, Groupon, and Senseonics. Suitable for beginners and seasoned investors, these stocks offer promising opportunities amid market volatility. Always consult a financial advisor before investing.
Top 5 Low-Cost Stocks to Watch in 2018 for Your Investment Portfolio
Often called OTC stocks, penny stocks are securities trading at $5 or less per share. These stocks belong to firms with low share prices, making them attractive to novice investors due to their affordability. Here are the five best penny stocks to consider in 2018:
Enphase Energy, Inc.
Headquartered in California, Enphase specializes in software-enhanced home energy systems and solar power technology. The company's stock experienced a significant decline in 2015 but started climbing again in 2018. Its lowest point was 25 cents in May 2017, but market experts predict that late 2018 could present lucrative opportunities for investors purchasing large quantities.
AK Steel Holding Corporation
Generally perceived as a stable steel company, AK Steel's industry is actually quite unpredictable. Despite historically low share prices, the company shows strong growth potential. Recent US policies implemented by President Trump have led analysts to believe that this stock might be a worthwhile buy for beginner investors.
Genesis Healthcare, Inc.
Although its stock performance has been lackluster since 2009, 2018 looks promising for growth. Since entering the market in 2007, the stock has traded between $1 and $3.80. As a respected name in healthcare, Genesis has gained stability, and analysts see potential for future gains.
It entered the market in 2007 and traded within a narrow range. The company’s reputation for quality healthcare makes its stock a compelling pick for cautious investors.
Groupon Inc.
Groupon started at around $28 when it went public in 2011 but has since declined. Despite this, analysts favor Groupon for 2018 due to consistent revenue growth and optimistic future income projections.
Senseonics Holdings, Inc.
Price trends from 2016 through early 2018 show that Senseonics offers a low-risk investment with significant growth potential. Current low share prices could double in value, making it an attractive option for investors seeking high returns on small investments.
