The 3 Best Stocks Under $5 to Buy Today

We've found the three best stocks under $5 to buy today, and they all have triple-digit profit potential.

best stocks under $5These aren't your average penny stocks. They're all real companies, with real products. You won't be buying into a penny stock scam or a shell company passing itself off as the next best thing.

Each of these stocks under $5 are all priced over $1 too. So you won't be buying shares that trade for fractions of a penny.

Most importantly, they all have solid liquidity. That means you can enter and exit trades easily.

Here are the three best stocks under $5 and why we're so bullish on each one...

Best Stocks Under $5 No. 1: Oncothyreon Inc. (Nasdaq: ONTY)

Oncothyreon Inc. (Nasdaq: ONTY) is one of our favorite stocks under $5, and we've been recommending it since September 2014. Since then, it has climbed nearly 55%.

ONTY is a biopharma company developing treatments for various types of cancer.

The company had a major breakthrough at this year's American Society of Clinical Oncology (ASCO) annual meeting in early June. Company officials presented its early-stage breast cancer drug ONT-380, which was successful in reducing tumors in an early study. The drug was said to be effective in treating women with HER2-positive metastatic breast cancer who didn't respond to other treatments. It was a phase 1 clinical trial.

But that's not the company's only drug. ONTY is also developing tecemotide, a treatment for small-cell lung disease that stimulates the patient's immune system into fighting and destroying the disease.

Since the ASCO meeting started in late May, ONTY stock is up nearly 7%. But shares are still priced at just $3.62, making it a cheap stock to buy. Any updates on the company's cancer treatments could be a huge catalyst for this penny stock.

An analyst surveyed by Thomson/First Call has a price target of $5, which would be a 38.1% gain from today's price.

Continue reading for two more of the best stocks under $5 to buy now...

Best Stocks Under $5 No. 2: Ekso Bionics Holding (OTCBB: EKSO)

Shares of Ekso Bionics Holding (OTCBB: EKSO) stock have fallen 36.5% in the last three months, but this is still one of the best long-term stocks under $5 to buy.

Ekso Bionics develops robotic exoskeletons. Their suits allow people with severe mobility issues, stroke victims, and those with spinal trauma to walk again.

Ekso's products are unique to its industry. Normally, these suits require hours of learning and fitting. But Ekso's products are much easier to use. The suits also adapt to different wearers with just the push of a button.

And the suits aren't just for medical purposes. They're also used for military applications, allowing soldiers to increase their work capacity in combat conditions. The gear marines carry can weigh more than 100 pounds. These suits can assist with that.

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The company has licensed technology to Lockheed Martin Corp. (NYSE: LMT) and has received more than $35 million in research grants from the U.S. Department of Defense.

Google Inc.-owned Boston Dynamics chose Ekso to execute a DARPA (Defense Advanced Research Projects Agency) project called "Warrior Web" in October 2014.

Since we first recommended EKSO stock last October, it has gained more than 56%. Shares currently trade near $1.22.

But still, many investors are worried about the recent sell-off. Here's the full story on EKSO stock's recent dip, and why this penny stock still has a 1,600% profit potential...

Best Stocks Under $5 No. 3: Neonode Inc. (Nasdaq: NEON)

The third pick on our best stocks under $5 list is Neonode Inc. (Nasdaq: NEON).

The company develops optical sensing technology. Its products turn ordinary surfaces into touchscreen-like surfaces for tech devices. Picture moving your finger along your desk and scrolling through your phone.

The technology can be used with laptops, computers, monitors, GPS devices, e-readers, tablets, smartphones, and even wearable tech products.

In Q3, analysts expect revenue to jump 214% to $2.72 million. NEON has also met or exceeded earnings estimates in three of the last four quarters.

Shares of NEON are up 7.4% in the last year, compared to a gain of just 4% for the Dow Jones in the same period.

Analysts surveyed by Thomson/First Call have an average price target of $7.33. That's 137% higher than today's opening price of $3.09. The high estimate is $10. That would be a 224% gain.

The Bottom Line: Finding the best stocks under $5 to buy can be a great profit opportunity, if you find the right investments. Our top three picks now are ONTY, EKSO, and NEON. They are all cheap stocks to buy with huge upside.

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