We all love cheap stocks.
In fact, it is a Wall Street catchphrase that everybody loves to throw around.
Rarely does anyone actually define what a cheap stock is when they use the phrase.
There are several ways we can use the world cheap.
Today, I'm using three variables to reveal three cheap stocks that trade under $10 each.
As the Fed continues cutting stimulus checks, the proverbial Band-Aid of economic relief, gold stocks are on the rise…
And chief among them, a prime trading opportunity is beginning to shine…
It's already flashed multiple positive trading signals, and according to pro-trader Chris Johnson, this only the beginning of profit potential here.
Check out the full trade details in this, the latest from Fast Profits with Money Morning...
The coronavirus just isn't going away, and Wall Street is taking notice.
Stocks are starting to get a little bumpy as the VIX shot up 8% today alone.
But this is the primetime for options traders.
A little volatility goes a long way toward making trades profitable.
And that's just what we're looking for in today's best options trade.
It's a simple trade easy enough to do on Robinhood or WeBull, but it could make you a 100% gain.
by Mike Stenger
Pershing Square Tontine Holdings (NYSE: PSTH.U) filed for an IPO Monday, June 22.
The company is offering 150 shares for $20, to raise a total of $3 billion.
This is a new blank-check company a la Bill Ackman, the hedge fund manager who effectively told CNBCthe world was ending in March before shorting the market and turning $27 million into $2 billion.
But don't invest in the Tontine IPO before you consider the strategy we have for you today...
by Mike Stenger
The COVID-19 lockdown took 31% off the S&P 500 by March 23.
The market has since been recovering quickly, but much is still uncertain about the future.
Many think there could still be a second wave of the virus in the fall, and possibly stricter lockdowns.
But not all stocks tanked when the broader market did.
In fact, one of our best penny stocks to buy only lost 8% when the market bottomed, and it's rocketed 34% year to date.
by Mike Stenger
The Dow Jones today may finish with a loss as COVID-19 cases across the United States rise.
Stocks that would benefit from a stronger reopening for the economy are sliding today as well.
These stocks fall into the airline, cruise, retail, and hospitality categories.
Read for more on these developments...
by David Zeiler
Chainlink is a Top 20 cryptocurrency by market cap, but gets very little attention even within the crypto community.
But in many ways Chainlink is well ahead of other cryptos.
For one thing, it's already seeing a lot of use in its designed role as part of a system for providing data to "smart contracts."
And it's working with several heavyweight partners, including Google and Intel.
It's no wonder these Chainlink price predictions see such big gains...
by Shah Gilani
Our Shah Gilani calls this time "The Era of the Income-Challenged Investor."
And with good reason.
Fed policymakers just voted to keep benchmark short-term interest rates down near zero and they're likely to stay there until 2022.
In fact, the Fed's held rates so low for so long that there are no decent-yielding fixed-income investments.
And the stock market's no exception.
Thanks to the pandemic, 40 S&P 500 companies suspended dividends and another 18 cut them completely in the first five months of the year.
But that doesn't mean there aren't great dividend plays available.
Lots of companies pay fat dividends to their stockholders, earn plenty of money regularly to keep paying them, and offer a wealth-building "kicker" called appreciation.
Today, Shah's going to tell you about three of his favorites.
The WorldWide Developers Conference has certainly been a tailwind for tech stocks as the Nasdaq Composite hit another all-time high today.
Shares of Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Netflix Inc. (NASDAQ: NFLX) lead the way (the latter two also hit record highs).
Since everyone knows about the moves in these mega-cap tech stocks, our experts – D.R. Barton, Jr. and Shah Gilani – gave advice on some other names.
The Dow Jones now is up on a positive report over the status of trade between the United States and China.
Last night, White House trade adviser Peter Navarro said that the deal between the world's two largest economies was over.
Navarro backtracked after other White House officials contradicted his earlier claims.
But that's not all carrying the Dow today.
