7 Cheap Stocks Under $7 With Massive Upside Potential

If you're willing to take on a mountain of risk, these seven cheap stocks to buy have a mountain of potential, according to the Wall Street analysts who cover them.

Many curled US 1 dollar bills on edge, top view on yellow background
(Image credit: Getty Images)

Cheap stocks – that is, really cheap stocks that trade for single-digit prices – are among the most divisive stocks on Wall Street.

Some investors tend to avoid these names entirely. While nominal prices typically don't matter (there's little difference between a $50 stock and a $500 stock), stocks under $10 are different. They often face some sort of difficulty, such as weak fundamentals or overwhelming headwinds. Also, institutional buyers such as pensions and hedge funds often won't buy stocks that are cheaper than $10, and they really become sparse under the $5 mark. Thus, these companies miss out on the steadiness that accompanies institutional ownership.


Data is as of March 2. Stocks listed in order of potential 52-week upside based on analysts' price targets.

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Maya Sasson
Contributing Writer, Kiplinger.com
Maya Sasson, originally from San Francisco, California, is a financial blogger focusing on U.S. stocks as well as analyst activity. Before diving into the world of financial writing, she earned a B.S. in Mathematics from Tufts University, and began her career as a data analyst for a software company.