Cheap Stocks That Are Promising to Grow Big

Investors consider the costlier stocks with the thought that they will remain stable in the highly volatile market. The penny stocks are always on the receiving end for bad names. This is because they can easily be swayed away if the market movements do not favor the stock market. However, the cheap stocks are also essential, considering that the losses are never massive. Anyone can trade the penny stocks, but they are incredibly crucial to the newbies who are still dipping their toes in stock trading. They can trade them as they learn the trading basics and upgrade to higher-priced stocks later. One of the other advantages of trading this way is that it is possible to invest in stocks from all over the world. For example, you can learn more about investing in German businesses via the DAX here: https://kryptoszene.de/aktien-kaufen/dax-aktie/. Above all though, if you are a risk-taker, check out these cheap stocks which you can consider:

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You must understand what EPS stands for before investing in the stock market. Earnings Per Share, or EPS, is a financial term used to assess the profitability of an organization. It shows how much of a company's profit is divided across all outstanding shares of ordinary stock. Whats EPS in the stock market means? 

Anyone can trade the penny stocks, but they are incredibly crucial to the newbies who are still dipping their toes in stock trading. They can trade them as they learn the trading basics and upgrade to higher-priced stocks later. If you are a risk-taker, check out these cheap stocks which you can consider:

  • Oxbridge Re Holdings Limited (OXBR)

Oxbridge Re Holdings is a well-established insurance company that provides reinsurance policies for property and casualty. It is located in the Cayman Islands in the gulf coast region-United States. OXBR ltd makes one of the promising stocks and the best stocks under 1 dollar in the market. Thus, OXBR is a relatively safe stock for any newbie or a risk-averse individual to buy. It involves low capital investments implying fewer losses should the company undergo liquidation or bankruptcy. OXBR's current stock price is approximately $ 1.07. Experts in stock prices expect the future OXBR price to be approximately $ 1.412 in the next five years. That translates to an approximately 32% increase in your initial investment after five years. As such OXBR stocks are only ideal for short time investments but not long-term.

  • Biomerica

Biomerica is a reputable manufacturer of medical supplies and equipment in America, Mexico, and Europe. Its main office is based in Irvine, California, occupying over 23,000 square feet. The company concentrates on diagnosing gastrointestinal infections like diabetes and irritable bowel syndrome (IBS). It also focuses on products used to detect and manage ulcers, cancer, and reproductive complexities. Statistics show that the Biomerica stock has been rising in the past year. Today, the price of its stock is approximately $ 6.640. The stock price prediction experts expect the price to rise to 14.296 in the next one year. That translates to approximately 67% increase in their stock price. The 67% increase in the invested amount makes Biomerica stock a viable addition to your portfolio. 

  • Harmony Gold

Harmony gold is a renowned South African company for mining gold. It has been in existence since 1950. The investor has extended his operations to mining silver and gold in Papua-new guinea to boost their cash flow. However, the Covid-19 restrictions put in the host countries affected its mining operations, leading to an approximately 8.5% decline in their gold production. The reduced output led to the surge of gold prices and selling stock to maintain their cash flows. Their current stock price is approximately $ 5.12, while the forecasted price for the next year is $ 6.40 and 9.40 in the next five years. That translates to around 82% increase in the initial investment within five years. Harmony gold is thus a cheap stock worth your long-term investment.

  • Nomura Holdings (NMR)

Nomura is a reputable financial company that is based in Japan. It extends its financial services to over 30 countries across the globe, including China. It employs over 30,000 people, with different specializations in asset management, retail, and merchant banking. According to sources, the company's stock price has been rising throughout the previous year and is expected to maintain it. Nomura stock's current price is 4.77 and is expected to rise to 4.82 in the next year. NMR stock is, therefore, a viable stock to give a try.  

  • Aegon (AEG)

Aegon is a credible company that provides insurance, asset management, and pension services to over 29.9 million customers worldwide. It has been in existence for the last 175 years, and it has a workforce capable of more than 24,000 workers. Its largest markets in the world include the U.S, Netherlands, and United Kingdom. It also serves China, India, and Japan. Despite the various drawbacks of Covid-19 restrictions and its effects, the company still maintains a robust balance sheet. Their current stock price stands at approximately 3.10, while the forecasted price is expected to be 24.073 in the next five years. The high incremental value makes Aegon stocks worth your long term investment.

You can make a significant amount of revenue by speculating the stock prices in the market. Before investing, you need to research the stock prices trend to invest in stocks with a positive trend in prices. This will guarantee you some revenue no matter how little it is.