Stocks & Equities

7 Bargain Stocks With Great Values for Under $10

bargain 185x185These stocks provide opportunities in several sectors

In the markets, sometimes the words “bargain” or “cheap” can be confusing, which is a good reason to refer to my Blue Chip Growth investing advisory for guidance.

A bargain stock can sell for $300 a share; an expensive stock could sell for $8 a share.

These seven stocks — Sequenom, Inc. (NASDAQ:SQNM), Array Biopharma Inc (NASDAQ:ARRY), Emcore Corporation (NASDAQ:EMKR), Advanced Semiconductor Engineering (ADR) (NYSE:ASX), Vonage Holdings Corp.(NYSE:VG), AU Optronics Corp (ADR) (NYSE:AUO) and Orexigen Therapeutics, Inc. (NASDAQ:OREX) — are both bargains (great values) and cheap (they’re all priced under $10 a share).

 

Each one has fashioned a special niche in a particular sector that has plenty of room for growth. These are more than single-stock stories and instead based on secular market trends, which means not only do these stocks have opportunities to grow their businesses, but they are also potential takeover candidates.

My Blue Chip Growth investing advisory can help investors stay on top of the best stocks to buy, and these seven bargain stock pose enticing opportunities.

….read about all 7 HERE

Todd Market Forecast

“The S&P 500 made an all time high, joining the NASDAQ Composite and the advance decline at that august level.”

DOW                                             + 21 on 50 net advances

NASDAQ COMP                            + 36 on 200 net declines

SHORT TERM TREND                    Bullish

INTERMEDIATE TERM TREND       Bullish

 STOCKS:  The S&P 500 made an all time high, joining the NASDAQ Composite and the advance decline at that august level.

       The reason seems to be that earnings are somewhat better than originally thought and continued weak economic data should stay the Fed’s hand when it comes to raising rates.

GOLD: Gold lost another $16. This time the theory is that a rally in tech stocks encouraged investors to get out of a safe haven and get into stocks. I wonder how they know that. Volume on the NYSE was pathetic. The lowest of 2015.    

CHART: The NASDAQ 100 looks like it’s really taking off. It’s overbought, but so far that doesn’t matter. Price itself is the most important indicator.

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BOTTOM LINE:  (Trading)

Our intermediate term system is on a buy from Feb. 20, 2015. We are long the SPY from 206.43.            

GOLD  We are in cash. Stay there.     

News and fundamentals:  Durable goods orders rose 0.6%, more than the expected rise of 0.4%. On Monday we get the Dallas Fed Mfg Survey.

Interesting Stuff  Iron rusts from disuse. Water loses its purity from stagnation. Inaction saps the vigor of the mind. Leonardo Da Vinci.

TORONTO EXCHAN GE:Toronto gained 16.

S&P/TSX VENTURE COMP: The TSX was down 2.

BONDS: Bonds rebounded.          

THE REST:   The dollar was lower. Silver continues to sag. Crude oil lost marginally.   

We’re on a sell for bonds as of April 22.                   

We’re on a buy for the dollar and a sell for the euro as of March 30.                    

We’re on a sell for gold as of April 14.                      

We’re on a sell for silver as of March 30.                      

We’re on a sell for crude oil as of today April 21.                           

We’re on a buy for the Toronto Stock Exchange as of March 16.   

We’re on a sell for the S&P\TSX Venture Fund as of October 30.

 

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29 Things to Look For in a Microcap Stock

Today’s infographic corresponds with the Howard Group’s Opportunity Knocks Challenge, which we are proud to sponsor. In this free challenge, investors can pick a portfolio of stocks from the public companies they represent – with play money of course. The investor with the best performing portfolio wins the trip of a lifetime valued between $11,000 and $15,000. 

There are some incredible trips available:

  • Head to Pamplona to literally run with the bulls
  • Race Ferraris and Lambos in Vegas
  • Visit exotic Vietnam and Cambodia for a river cruise
  • Take a bite of a the Big Apple with a big shopping spree
  • Hit the famous Wailea Golf Club in Maui for a few rounds

Definitely consider registering for this free contest today. We want to see a Visual Capitalist reader as the winner!

THE MICROCAP OPPORTUNITY

We worked with Howard Group to come up with 29 points to consider when looking at investing in a microcap stock. The key here is due diligence. Good research can help you mitigate the risks that these stocks have.

Benefits of microcaps:

….go HERE for more plus a bigger chart

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Three Stocks That Meet The Strategy of the Week

STRATEGY OF THE WEEK

The Abnormal Action Market Scan strategy looks for stocks making abnormal price jumps on the daily chart. Where these jumps come from after predictive chat patterns, there is a signal to take a position trade. I ran this scan on Monday morning and found a few that look pretty good:

STOCKS THAT MEET THAT STRATEGY

1. ANTH
ANTH is breaking to the upside after bouncing off of its upward trend line. It is breaking the shorter term downward trend line, indicating the market is back to being Bullish on the stock

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2. VIMC
I featured VIMC to my daily newsletter subscribers (www.tradescores.com) on Friday after it made a break from a good pattern. It is up another 13% today and still has that good pattern break which should lead it in to a long term upward trend. Support at $8.85.

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3. RDN
RDN is a stock that I featured a few months ago at $16.38, it is making a good long term breakout today and looks like a good position trade candidate. Support now at $17.

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Continue reading Tylers Full Perspectives Newsletter HERE

The TSX Venture: It Just Keeps Getting Worse

equedia-logo-blueThe U.S. market has been soaring hot for nearly seven years.  

On the other hand, the Canadian market has been ice cold.

In the last five years, the TSX has climbed 25% while the S&P 500 has climbed over 70%.

Yet, the TSX Venture has done nothing but drop since its peak in 2011, losing over 70% of its value.

For many of you involved in the Canadian capital small cap markets, I don’t need to tell you just how bad things have been. Some of you may have already left for greener pastures.

But for you retail investors who may not completely comprehend what’s been happening, this Letter is a snapshot of the reality our small cap market is facing.

 

Nearly two years ago, I wrote a series of Letters about the potential demise of the Canadian public small cap capital markets.

Via “Why the TSX Venture is Failing“:

“Most of you probably invested in a company listed on the commodities-focused TSX Venture within the last year, which means most of you probably lost some money.

On a year-over-year basis, the TSX Venture is down 30%, trading volume down around 25%, and transactions are down more than 45%.

While the commodities and precious metals market have slumped due to falling prices and rising costs, many of the companies that have fallen have not dropped because of core fundamentals.

The TSX Venture as a whole has succumbed to more than just a down-dip in metal prices or the rises in costs of production and exploration. This letter is intended to address some of the issues that have led to the crash of the TSX Venture.

These issues include how the big banks are forcing juniors out of the market, just like they have in the US, and also how one regulation has turned into a death spiral event leading to other regulations that collectively are crushing our Canadian market.

…This downturn has forced both investors and smaller institutions out of the market, leaving room only for the big boys to play.

The Canadian investment market is being changed to reflect large institutional firms that are only looking for yield products. Independent brokerage firms are drying up because funding for junior projects are drying up as investors have lost too much money to want to play again.

Much of the money remaining is now being filtered to bigger banks and bigger companies.

Juniors on the TSX Venture don’t stand a chance.

For the average junior, it costs on average around $200,000 just to maintain their listing and legal fees to keep up with regulators. That means a small junior, who just raised a million dollars, will need to take 20 cents out of every dollar to comply with security regulations.

It’s no wonder why analysts are predicting that at least 500 companies on the Venture will run out of money before the year is over. Many of these companies have less than $250,000 in the bank. Considering that it takes around $200,000 a year just to comply with regulations, there is a great chance that the analysts are right.

All of this is leading to the demise of the TSX Venture if things don’t change. All over the country, there are town hall meetings to address the issues. But who’s listening?”

It’s been two years since I wrote that piece, and sadly things have unfolded as predicted: the Canadian speculative small cap market is practically non-existent – except for a few exceptions. I’ll talk about these exceptions in an upcoming Letter.  

How Bad is Bad?  

One look at the TSX Venture, Canada’s small cap speculative market once thriving with capital, and you can see just how bad things have become: less liquidity, less volume, bigger spreads, and hundreds of stocks trading at less than five cents.

What’s worse is that many of the companies listed may not have the capital to pay even their auditors, which means hundreds of companies listed on the TSX Venture may not survive beyond this year. Many of them might have already crumbled if it weren’t for some leniencies granted by the exchange on which they trade on.

This is especially true for the mining and resource community, which just so happens to make up the majority of Canada’s small cap market.

In January, the TMX Group published its monthly financing statistics and noted that the TSX Venture Exchange listed 56 issuers in 2014 compared to 76 in 2013. What it didn’t talk about is the amount of companies being delisted.

But that’s not hard to find out.

Here are the total listings for the TSX Venture by year:

    • March 2013: 2,497
    • March 2014: 2,437
    • March 2015: 2,318

Based on those numbers:

    • 60 companies disappeared from the TSX Venture between March 2013 and March 2014.
    • 119 companies disappeared between March 2014 and March 2015.

Since the beginning of this year, 57 companies have already delisted from the TSX Venture, 50 have been suspended, and only 12 new listings have been added.  

We’re not even halfway through the year, and we’ve already witnessed almost the same amount of delistings for the TSX Venture than we did between all of 2013 and 2014. 

….continue reading HERE (scroll down to “We are not alone” & “David & Goliath