ClosingADoor
Member
The stock price in itself doesn't say much. There are stocks out there of just fine companies at that price, or ones that are almost bankrupt. It is about the company, not the price. If a company has more shares out there, the share price will be lower, but it doesn't mean the company is unhealthy because of it.Best stocks under $5 to invest in for poor people starting out like me? Some companies that are expecting growth for 2017?
If so, what site would you suggest that breaks things down like that for what I'm looking for? Or a good site that lists the best stocks under $5?
Thanks.
Edit-so it seems like it is not wise to invest in companies with stock prices under five dollars?
If the stock has gone from $50 to $5, that is probably bad news. If it has gone from $3 to $5 recently, it might be good news. Research the company, not the stock price.
If you are doing it for retirement, you might want to look at ETFs and see what is out there. Lower risk.Does anyone like to buy a set number of shares for one company before moving on to another? What number have you settled on? I've just begun investing for retirement, and my current strategy is to buy 100 shares per company.
For individual stocks, I don't care about the amount of stocks, I care about the value and percentage of my portfolio. Don't go 100% in on one sector for instance.