George Soros' Under-$15 Stocks

Updated from 10:19 a.m. EST

Many investors prefer to invest in lower-priced stocks because they believe that the percentage gains can be much greater than with higher-priced stocks. It is interesting that George Soros, one of the top investors in the world, has a substantial part of his portfolio invested in stocks that sell for less than $15 a share. Stockpickr has compiled these names in a portfolio called the Low Price Stocks of George Soros.

Soros, with an estimated net worth of $8.5 billion, is the founder of the Quantum Fund, which is considered one of the top-performing hedge funds. A $100,000 investment in his fund when he started it in 1969 would've been worth $150 million by 1994.

One of the stocks that Soros owns is Level 3 Communications (LVLT Quote), which sells for less than $4 a share. This telecommunications switching-service company yesterday reported a narrowed fourth-quarter loss and increased sales, both of which beat analyst expectations. ...