Finding a good investment for around $5 is not an easy task.
After all, most publicly traded stocks with a low share price got that bargain valuation by running into trouble — as in, enjoying a share price of $10 or $20 several years ago and now trading at a deep discount thanks to pessimistic investor sentiment.
However, shrewd investors can find some good stocks to buy in the Wall Street bargain bin if they know where to look.
While the following stocks are admittedly a bit risky and have some issues, they all are established companies that are worth more than $300 million and are at worst breakeven. That means these bargain stocks to buy have no risk of going bankrupt anytime soon … even if they have admittedly faced some challenges in the last few years.