Do not pay a lot of attention to what has been shown in the movie “The Wolf of Wall Street”. However, you should prefer to buy these cheap stocks only if you are willing to take some risk. It is like a game in which you have an equal chance of winning and losing. These stocks can really offer big rewards to you. In fact, the money you will be earn through these stocks will last for a long time. Now here, I need to make one thing very clear i.e. the cheaper stocks might not be easier to buy. The path which you will be required to follow for buying out these stocks will be difficult. It is not the best way to make a lot of profit, but it has worked for a lot of people. It is also indisputable that a large number of investors prefer to focus on the small price equities which happen to be more volatile in comparison to the high priced ones. There is also a possibility of making more money in a small time span. For all of you who are looking to make some cheap investments, this post will prove to be of much help. All you need to do is read carefully and do your research before being cocky. Always consult your friends and relatives before investing in stock options, especially in cheap stocks. Here are the 5 cheapest stocks you can buy right now.
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1. The Wet Seal
A number of believed that a surge will be seen in the consumer spending for the year 2014. It is an indication that the retail stocks might begin to rise rapidly. The Wet Seal is a retailer with a number of stores. Their stocks seem to be swinging between $ 3 and $ 5. Although they have witnessed a decline in their sales, but keeping in view the projections about consumer spending for 2014, you can buy these cheap stocks.
2. Sirius XM Radio
The performance of this satellite provider has not been exceptional in comparison to other companies, but you will never want to deny the possibility of their growth. Their stocks are also one of the cheapest in the market these days. The company has also been posting a growth in their number of subscribers which is yet another reason for taking a chance. But if you do not feel doing it, don’t do it.
3. Wendy’s
This company has been losing its revenues and worth for a long time now. But it does not mean that there is no room for growth. The past 2 quarters have been really good for the company. The revenue of the company has been increasing at a rapid pace for many months due to which you should consider making an investment in their stocks which are still cheaper.
4. 1-800-Flowers.com
It is a renowned e-commerce company but like a number of others, has been struggling. It has strategic relationships with Facebook and a number of other social networking websites. In the past 7 to 8 quarters, their revenues have been on the rise. The stock prices are cheap due to which you should explore more about the company. Whatever decision you take in this regard, it is recommended that you do your research.
5. Star Scientific
This company has been making a lot of investment in making tobacco free products. It is one of the main objectives of this wonderful yet struggling company. Smoking is one of those industries which will not grow rapidly. But the smoking prevention industries will surely make a lot of money. For this reason, you can think about making an investment in this company. Yet again, do your research before taking a plunge.
