NEW YORK ( TheStreet) -- TheStreet's David Peltier is on the lookout for stocks trading for less than $10 that can deliver big returns.
One sector that has caught Peltier's eye is small-cap retail. Specifically, he's looking at Pacific Sunwear (PSUN), which has doubled so far this year.
However, Peltier doesn't think loading up on the name is necessarily a good idea right now. "The company is not even supposed to be profitable for another year," he added.
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