Goldman Sachs Has 5 Tempting Stocks Under $ 10 To Buy Now – 24/7 Wall St.

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

Many investors, especially the more aggressive traders, see cheaper stocks as a way to not only make a lot of money, but also get more stocks. It can really help the decision-making process, especially when you’re a winner because you can always sell half and keep half.

Goldman Sachs is the world’s number one investment bank, so we looked at the company’s outstanding research database and found five stocks trading below the $ 10 level that could provide investors with solid upside potential. Note that last week’s Hot Picks under $ 10 included tech and biotech companies.

While all of these choices are rated Buy at Goldman Sachs, they are much more suitable for aggressive investors. It is important to remember that no analyst report should be used as the sole basis for a buy or sell decision.

ADT

This leading security company is a well-known protector of homes and businesses. ADT Inc. (NYSE: ADT) is the largest home and commercial security monitoring company in North America. The company serves over 7 million customers and installs over one million systems per year. About 94% of revenue is generated in the United States, with the remainder coming from Canada.

Google announced in August that it was buying a 6.6% stake in the home security company for $ 450 million as part of a deal that will allow it to provide service to customers of its security devices for the Nest house. ADT said the companies would work to combine Nest products such as cameras, thermostats, doorbells and alarm systems with ADT’s professional monitoring installation, service and network.

The company also plans to offer some Google devices to its customers from this year and expand the integration in 2021.

Goldman Sachs’ price target of $ 13 compares to a lower consensus target of $ 10.78 on Wall Street. ADT stock recently traded between $ 9 and $ 10 per share.

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