These 5 “Strong Buy” stocks trading under $10 are well known and have big upside potential – 24/7 Wall St.


While most of Wall Street focuses on large and large-cap stocks because they offer a degree of safety and liquidity, many investors are limited in the number of stocks they can buy. Many of the biggest public companies, especially the tech giants, trade in the hundreds, up to over $1,000 per share or more. At these high prices, it’s hard to get decent leverage on the number of shares.

Many investors, especially more aggressive traders, look to low priced stocks as a way to not only make money, but also get a higher number of shares. This can really help the decision-making process, especially when you’re on to a winner, because you can always sell half and keep half.

We scoured our 24/7 research database on Wall St. for well-known companies that could very well offer patient investors huge returns for the remainder of 2022 and beyond. Low-priced stock skeptics should remember that at one point, Amazon and Apple were trading in single digits. A stock we’ve featured over the years, Zynga, was recently purchased by Take-Two Interactive.

Although all five stocks are rated Buy, it is important to remember that no single analyst report should be used as the sole basis for any buy or sell decision.

ASE Technology

Although perhaps a bit off the radar, this stock offers investors huge total return potential. ASE Technology Holding Co.Ltd. (NYSE: ASX) offers a range of semiconductor packaging and testing, as well as electronics manufacturing services, in the United States, Asia, Europe and elsewhere.

The Company offers packaging services, including flip-chip bead array (BGA), chip-scale flip-chip package (CSP), advanced chip-scale packages, quad flat packages, low profile and slim quad flat packages, bump chip carrier and flat lead-free (QFN) packages, advanced QFN packages, plastic BGA packages and 3D chip packages. It offers stacked chip solutions in different package types and copper and silver wire bonding solutions.

ASE also provides advanced packages, such as flip-chip BGA; FCBGA heat sink; flip chip CSP; Hybrid FCCSP; flip-chip packaging in wrap and wrap-on-pack (POP); advanced single-sided substrate; Broadband POP; packaging at fan-out edge level; SESUB; and 2.5D silicon midsole.

Additionally, it offers IC wire connection packages; System-in-Package (SiP) products and modules; and interconnect materials, as well as assemble automotive electronics. It provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, logic modules/mixed signal/RF and SiP/MEMS/discrete end-testing and other related services. to testing, as well as drop-shipping services.

ASE also develops, builds, sells, rents and manages real estate; produces substrates; offers information software, equipment rental, investment consulting and warehouse management services; processes and markets computer and communication peripherals, electronic components, telecommunications equipment and motherboards; and imports and exports goods and technology.

Investors in ASE Technology shares receive a dividend of 5.18%. BofA Securities has a target price of $8.80, while the consensus target is $7.97. The stock last traded at $5.66 on Friday.

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