When it comes to investing, low-range stocks are often overlooked. Many investors focus on high-growth stocks or those stocks with a proven track record of delivering strong returns. However, low-range stocks can also be a great way to build wealth over the long-term. Low-range stocks are typically characterized as stocks trading for less than $10 per share, and they can offer excellent value for your money.
In this article, we’ll discuss seven low-range stocks that you should consider buying right now. We’ll look at each stock’s current fundamentals, growth prospects, and valuation to determine whether or not it’s an attractive buy at its current price.
1. Zscaler Inc. (NASDAQ: ZS):
Zscaler Inc. is a cloud-based security and analytics platform that is used by more than 5,000 customers in over 150 countries. The company’s stock is currently trading at $86.63 per share, making it one of the more affordable stocks on the market.
The company’s financials have been impressive in recent quarters, with revenue rising 41% year-over-year in its most recent quarter. Zscaler’s customer base continues to expand, and the company has also seen strong growth in its subscription revenue.
The company’s valuation is also attractive, with its price-to-sales ratio currently sitting at 11.1. This is well below the industry average of 22.2, indicating that the stock is undervalued.
2. H&R Block Inc. (NYSE: HRB):
H&R Block is one of the largest tax preparation services in the United States. The company’s stock is currently trading at $19.71 per share, making it one of the more affordable stocks on the market.
The company’s financials have been solid in recent quarters, with revenue rising 5% year-over-year in its most recent quarter. H&R Block’s customer base continues to expand, and the company has also seen strong growth in its subscription revenue.
The company’s valuation is also attractive, with its price-to-sales ratio currently sitting at 1.5. This is well below the industry average of 3.4, indicating that the stock is undervalued.
3. Sirius XM Holdings Inc. (NASDAQ: SIRI):
Sirius XM Holdings is the largest satellite radio company in the United States. The company’s stock is currently trading at $6.45 per share, making it one of the more affordable stocks on the market.
The company’s financials have been impressive in recent quarters, with revenue rising 8% year-over-year in its most recent quarter. Sirius XM’s customer base continues to expand, and the company has also seen strong growth in its subscription revenue.
The company’s valuation is also attractive, with its price-to-sales ratio currently sitting at 5.3. This is well below the industry average of 10.2, indicating that the stock is undervalued.
4. JD.com Inc. (NASDAQ: JD):
JD.com is one of the largest e-commerce companies in China. The company’s stock is currently trading at $56.27 per share, making it one of the more affordable stocks on the market.
The company’s financials have been solid in recent quarters, with revenue rising 43% year-over-year in its most recent quarter. JD.com’s customer base continues to expand, and the company has also seen strong growth in its subscription revenue.
The company’s valuation is also attractive, with its price-to-sales ratio currently sitting at 1.3. This is well below the industry average of 3.2, indicating that the stock is undervalued.
5. CVS Health Corporation (NYSE: CVS):
CVS Health is one of the largest pharmacy benefit managers in the United States. The company’s stock is currently trading at $70.84 per share, making it one of the more affordable stocks on the market.
The company’s financials have been impressive in recent quarters, with revenue rising 8% year-over-year
