WINDERMERE, Fla. ( Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for $10 a share or less don't experience massive spikes higher. Traders savvy enough to follow the low-priced names and trade them with discipline and sound risk management are banking ridiculous coin on a regular basis.Just take a look at some of the hot movers in the under-$10 complex from Wednesday, including Eagle Bulk Shipping (EGLE), which ripped higher by 15.8%; Supernus Pharmaceuticals (SUPN), which trended up by 10.2%; Spanish Broadcasting System (SBSA), which jumped up by 9.2%; and Planar Systems (PLNR), which trended up by 8.4%. You don't even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading.
5 Stocks Under $10 Triggering Breakouts
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