A company’s share price does not mean much in and of itself – only when compared against metrics such as its earnings, dividend, net asset value, or the most important number of all, what you paid for it. But we often get requests for stocks with low share prices, so here are some promising stocks trading under 50 cents. All are profitable, and three are currently paying a dividend.
I could only readily feel comfortable about suggesting 4 stocks to consider, so for the “fifth”, I thought I would provide a quick update on the performance of “Dollar dazzlers - five stocks to look at”, published last November.
1. Dollar dazzlers - 5 stocks to consider
Last November, I identified 5 stocks trading around $1 that have good prospects (see https://switzersuperreport.com.au/dollar-dazzlers-five-stocks-to-look-at/). Seven months later, here is an update on how they have fared.