5 Stocks Under $50 To Acquire In 2023
Published Wednesday, January 4th, 8AM ET
As a bonus, on Wednesdays we apply our Stock Watchlist Weekly proprietary algorithm to a specific theme or category that traders and investors might want to consider. As with the primary Sunday newsletter, these lists include stocks that have been screened through an array of fundamental and technical data points to find the top ones with market-beating short- and long-term potential.
Analysis: This week we ran the Stock Watchlist Weekly proprietary algorithm with the goal of simply finding the 5 best stocks, from different sectors, with a share price under $50, that would potentially be best for long-term investments in 2023.
This week’s list:
HVT - Haverty Furniture Cos Inc
Sector/Industry: Consumer Discretionary - Specialty Retail
Market Cap: $444.43M
Share Price: $30.05
Prominent ETF Holders: DEEP, IWM, SIXSSTRL - Sterling Infrastructure Inc
Sector/Industry: Industrials - Construction & Engineering
Market Cap: $994.82M
Share Price: $33.45
Prominent ETF Holders: IFRA, PAVE, CBSEMYE - Myers Industries Inc.
Sector/Industry: Materials - Containers & Packaging
Market Cap: $811.33M
Share Price: $22.45
Prominent ETF Holders: FDLS, IJR, RZGAMKR - Amkor Technology Inc
Sector/Industry: Information Technology - Semiconductors & Semiconductor Equipment
Market Cap: $5.87B
Share Price: $25.47
Prominent ETF Holders: PSI, USD, PEXLAEL - American Equity Investment Life Holding Co
Sector/Industry: Financials - Insurance
Market Cap: $3.91B
Share Price: $45.95
Prominent ETF Holders: XSHQ, PSCF, KIE
Check out last couple weekly lists if you missed them:
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