Price alone shouldn’t be used to establish relative value. A low-priced stock can be expensive, and a high-priced stock can be a bargain. Still, there is a certain appeal to buying cheap stocks – especially those under $20 – and it should not be overlooked. Being able to purchase a large number of shares of a cheap stock can feel more rewarding than buying just a few shares of a high-priced stock.
Equities selling at under $20 can be more volatile than larger, higher priced securities, but if you understand and can accept the unique risks that come with investing in this asset class, it can be very rewarding over time.
Here are seven of the best cheap stocks to buy for less than $20 right now.
This post originally appeared at U.S. News & World Report.