Here are 4 stocks to buy that are currently less than $10. Each of these stocks has the potential to climb in price of the coming months. This is for February 2017
Opko Health Inc. (NASDAQ:OPK) is a biotech stock with good potential. It had a bad December on poor results from hGH-CTP Phase III testing. However, it has multiple promising drugs already in the market. It released Rayaldee a few months ago to fight kidney disease. Varubi is a product to help reduce cancer treatment nausea. Plus it has 4KScore Test for prostate cancer as an alternative to a biopsy. And there are other drugs currently in testing phases. It has the best price to sales figures in biotech and wall street sees an average of 80% upside for the stock.
Chesapeake Energy Corporation (NYSE:CHK) is a natural gas play. The stock is rebounding of the lows last year. The new White House is more favorable to US based energy production. The president has pleged to support oil, coal and gas. Both Deutsche Bank and Bank of America have either increased targets or given the stock an upgrade. The wall street concensus is that the stock could rise another 25%
Rite Aid Corporation (NYSE:RAD) is currently in the process of being bought by Walgreens. The deal is still undergoing antitrust investigation, but could be approved in the near future. Walgreens will be paying about 25 percent premium for the stock over the current price.
Professional Diversity Network, Inc. (NASDAQ:IPDN) is an online network community. It recently underwent a reverse split, but it maintains twelve million cash. Cosmic Forward bought 55% of the company on January 17, paying over twenty million at $9.60 per share. They installed new board members and a new CEO. Due to the reverse split the stock has a very low float of 410K. This means the stock could rise dramatically.