Bargains, Not Bathing Suits
It seems many investors have taken “sell in May and go away” to heart. After a strong April, the Dow Jones Industrial Average has shed about 2% since the beginning of the month. But just throwing in the towel (and packing your beach towel) is not a responsible way to invest. Those who take that approach are likely to miss out on substantial gains this summer.
The nice thing about a sell-off is that it gives you a chance to buy stocks for less. So we’ve come up with a list of cheap stocks you should put on your summer shopping list. Trading between $1 and $7 (prices rounded), these inexpensive stocks represent great buys right now.