Unless you’ve been living under a rock the past few quarters, it shouldn’t be any surprise that most stocks are trading near 52-week highs.
I mean, the overall stock market is just a hair below all-time price levels… momentum levels are the highest we’ve seen in nearly 15 years… and for every 500 stocks trading at a 90-day price high, only one is trading at a 90-day price low.
So the bottom line is simple…
The Federal Reserve is set to maintain high liquidity, and continue to push the stock market higher by keeping short-term interest rates low. It will also continue buying as many government-backed bonds as it takes to keep things running without a hitch.
While momentum traders enjoy this ride, value investors are stuck on the sideline waiting for the market to pull back so they can buy bargain stocks under $10.
That’s just what value investing is all about!
But the problem with this approach is the fact that most stocks are grossly overpriced, and there are barely any bargain stocks under $10 to invest in.
2 Hot Bargain Stocks Under $10
Just take a look at Warren Buffett. He’s been struggling to outperform the broader market for several years now.
But not because he’s lost his touch or his picks are bad. It’s because most rising stocks don’t fit his value investing guidelines. In plain English, they’re too expensive.
And a lot of times, institutional buying tends to pick up when a stock begins trading above $15 to $20 per share. Anything below that level and the stock typically stays under the radar of most hedge fund traders.
That’s why WealthPress Senior Strategist Roger Scott put this video together to give you a few bargain stocks under $10 that haven’t seen a massive price run-up — yet.
Traders can target these opportunities before the hedge funds spot them, dragging the prices of these names to insane levels like we’ve seen recently in a handful of stocks that have rallied 1,000-plus percent in the past year.
Check out the video below, and don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!