BOSTON ( TheStreet) -- Stocks under $5, such as eDiets.com (DIET) and Acceler8 Technology (AXK), have doubled this month, squashing the broader market and surprising investors who haven't heard of the penny-stock companies.Almost 1,000 stocks under $5 on major U.S. exchanges are up only 2.4% in February, in line with the benchmark S&P 500. Last Friday, the S&P 500 had traded at its highest peak since the financial crisis started in September 2008. Protests across the Middle East sparked a rally in crude prices and triggered a pullback in equities.
Top Stocks Under $5 Beating the Market
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.