What are the Top 10 Lowest Priced NYSE Stocks?

What are the Top 10 Lowest Priced NYSE Stocks?

The New York Stock Exchange (NYSE) is the largest stock exchange in the world by market capitalization. It is home to some of the biggest and most well-known companies in the world, such as Apple, Coca-Cola, and Walmart. However, there are also many lesser-known companies that are listed on the NYSE, some of which have very low stock prices. In this article, we will take a closer look at the top 10 lowest priced NYSE stocks.

1. Genworth Financial Inc. (GNW)

Genworth Financial is an insurance holding company that provides life and mortgage insurance. The company has had some financial difficulties in recent years, but its stock price has remained low. As of the end of September 2021, the stock was trading at around $3.50 per share.

2. TPG Pace Beneficial Finance Corp. (TPGY)

TPG Pace Beneficial Finance Corp. is a special purpose acquisition company (SPAC) that went public in 2020. SPACs have become increasingly popular in recent years as a way for companies to go public without going through the traditional IPO process. TPGY's stock was trading at around $4.40 per share as of the end of September 2021.

3. Castor Maritime Inc. (CTRM)

Castor Maritime is a dry bulk shipping company that operates a fleet of vessels. The company has been growing rapidly in recent years, but its stock price has remained low. As of the end of September 2021, the stock was trading at around $0.30 per share.

4. Sundial Growers Inc. (SNDL)

Sundial Growers is a Canadian cannabis company that produces and distributes cannabis products. The company has been struggling in recent years, but its stock price has remained low. As of the end of September 2021, the stock was trading at around $0.56 per share.

5. American Shared Hospital Services (AMS)

American Shared Hospital Services is a healthcare company that provides proton therapy and other medical services. The company's stock has had a rocky history, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $1.70 per share.

6. Zomedica Corp. (ZOM)

Zomedica is a veterinary diagnostic company that focuses on developing and commercializing products for companion animals. The company's stock has been volatile in recent years, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $0.11 per share.

7. Senseonics Holdings Inc. (SENS)

Senseonics Holdings is a medical device company that develops and manufactures glucose monitoring systems. The company's stock has been volatile in recent years, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $2.60 per share.

8. Celldex Therapeutics Inc. (CLDX)

Celldex Therapeutics is a biopharmaceutical company that develops and commercializes immunotherapy and antibody-based therapies. The company's stock has had a rocky history, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $2.20 per share.

9. Cinedigm Corp. (CIDM)

Cinedigm is a media and entertainment company that provides streaming services and other digital content. The company's stock has been volatile in recent years, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $1.60 per share.

10. U.S. Global Investors Inc. (GROW)

U.S. Global Investors is a financial services company that provides investment management services. The company's stock has had a rocky history, but it has remained relatively low-priced. As of the end of September 2021, the stock was trading at around $1.60 per share.

Investment Strategies for Low-Priced Stocks

Investing in low-priced stocks can be risky, as these companies tend to be more volatile and have a higher risk of bankruptcy. However, they can also offer higher potential returns if they are successful. Here are a few strategies to consider when investing in low-priced stocks:

1. Do your research: Before investing in any low-priced stock, do your due diligence and research the company's financials, management team, and industry trends.

2. Diversify your portfolio: Don't put all your eggs in one basket. Invest in a range of low-priced stocks to diversify your portfolio and reduce your risk.

3. Consider dollar-cost averaging: Rather than investing a lump sum all at once, consider investing smaller amounts over time through dollar-cost averaging. This can help you avoid buying at the wrong time and reduce your risk.

4. Set a stop-loss order: Consider setting a stop-loss order to limit your losses if the stock price starts to fall.

5. Be patient: Low-priced stocks can be volatile, so it's important to be patient and not panic if the stock price drops in the short term. Stick to your investment strategy and focus on the long-term potential of the company.