This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Bargain Stocks Under $10

NEW YORK ( TheStreet) - US Airways Group (LCC), D.R. Horton (DHI), Micron Technology (MU - Get Report), Amkor Technology (AMKR - Get Report), Advantage Oil & Gas (AAV - Get Report), Delta Air Lines (DAL - Get Report), Xerox (XRX) and Gran Tierra Energy (GTE - Get Report) are trading below $10 with an average of 58% of analysts calling for buy ratings and analysts estimating upside potential between 38% to 122%. We expect these stocks to outperform their peers and the broader markets, based on their respective 12-month price targets.

Spanning sectors such as housing, technology, banking, mining, energy, airlines and semiconductors, these stocks are listed in ascending order of upside potential.

10. D.R. Horton (DHI) is a U.S.-based homebuilder operating in 26 states and 72 metropolitan markets. The company conducts its business through six homebuilding segments and a financial services segment. Home-building operations contribute more than 95% toward aggregate revenue.

For the third quarter ended June 2011, the company reported net income of $28.7 million, including pre-tax charges of $9.9 million. Net income for the second quarter of fiscal 2011 was $27.8 million. Home-building revenue was $975.4 million in the June quarter of 2011 compared to $733.1 million in the second quarter of fiscal 2011.

Housing affordability remains high with favorable interest rates. The company intends to focus on restricting construction costs and inventory levels and maintaining a strong balance sheet and liquidity. "Sequentially, our homebuilding revenues grew $242 million, home sales gross margins improved by 30 basis points and homebuilding SG&A decreased by approximately $10 million. Additionally, our net sales orders in the June quarter were about flat with the March quarter, reflecting a traditional seasonal demand pattern," said Donald R. Horton, the company's chairman. Among analysts polled by Bloomberg, 52% have a buy rating on the stock. The consensus estimate by analysts finds 38% upside potential for the stocks. It is trading at 19 times its estimated 2012 earnings.
1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LCC $0.00 0.00%
AAV $5.54 0.00%
AMKR $5.88 0.68%
BAC $14.80 -1.50%
DAL $42.86 -1.90%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs