Two good stock at $ 10 Buy Now

Below the stock’s $ 10 a diversified portfolio may be a small guy with a cost-effective way, especially if you do not have a lot of spare money to invest in emergency funds to pay your bills and pad after. However, many cheap stocks are cheap for a reason, so you need to choose $ 10 in the not too distant future become a stock of more than $ 10 stocks have a good shot. Is there risk? of course. Do not plow your life savings into the stock just because it seems cheap. But doing so will fancy a promising stock, you can grab it at an affordable price.

We found two penny stocks, do it, do have hope. However, before you buy orders, keeping transaction costs in mind. Let’s say you only need $ 100 investment. Even if you pay just $ 4.95 online transactions, your investment has fallen by 5%. For small transactions, consider opening a free account Robin Hood. You can use a smartphone app brokerage, the commission-free stock trades.

Take a look at the $ 10 to buy now consider two good stocks. (The stock price and other data, such as May 2, 2017 of)

Ammi

• Symbol: MT
• Shares: $ 7.90
• 52 weeks range: $ 4.18 – $ 9.37

The world’s largest steel producer, is expected to late big jump in revenue and earnings this year, thanks in part to the growing demand in Europe and emerging markets. Industry group World Steel Association expects steel demand in Europe this year, up inch by 0.5% and 1.4% in 2018, driven by better-than-EXPEC Ted economic growth. Luxembourg-based Arcelor Mittal derives nearly half of its revenue from Europe.

In Brazil, the economic situation improved in Russia and elsewhere have increased the demand. Perhaps most importantly, the Chinese in dealing with global excess steel production slowed down. In the United States tariff threat, but also help the prospects of prices.

In better background on this basis, Arcelor Mittal shares look attractive relative to growth prospects price. EPS is expected to increase by 30% to 17% revenue growth this year, according to the survey by Thomson Reuters. However, the stock is currently only 9.5 times earnings, or about half the forward price-earnings ratio of the S & P 500 index.

In addition, Credit Suisse analysts said the global steel surplus is actually a myth and called for pressure on raw material prices but also help ArcelorMittal than other industry players. The analyst Outperform-rated stocks (buy, essentially). Their target price of $ 11.71 means that in the next 12 months or so, 50% of the gain

American Community Financial Group

• • Symbol: UCFC

shares:

• • $ 8.59

52 weeks range:

• • $ 5.60 – $ 9.50

American community financial companies Holdings the company is Youngstown, Ohio household savings and loan companies. This is a small bank, but it is great praise from the analyst community. Boenning & Scattergood, said it transformed into a “strong” commercial bank operation is “impressive no different.” B & S class shares in rats outperform, but it is not alone. The three analysts tracked by Thomson Reuters said it was all a buy.

The bank has been active in the M & A market, which could prompt a substantial increase in operating profit, B & S said. When companies often need to be strengthened, interest rates are moving up their funds.

After the stock American financial community appeared last year rose more than 50% of the stock is strong in 2016 to take breather, currently down about 3% more than last year. Pause will not last long, if the analysis is correct. In fact, they are looking for in the next 12 months, the stock rose 16%.

Forewarned, this is a very small stock. The company’s market capitalization – stock price times number of shares outstanding – the $ 200 million is definitely regressed 424 companies such as KeyCorp (KEY) GoodThere are more than 20 regional banks one billion $ market capitalization. Small-cap stocks tend to be more volatile than large.