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10 Cheap Stocks to Buy Now Under $10

Cheap stocks typically have their flaws, but these at least have a few positive traits that make them worth a flyer

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Cheap Stocks to Buy Now – Northwest Biotherapeutics (NWBO)

Cheap Stocks to Buy Now - Northwest Biotherapeutics (NWBO) Price as of 8/14/14: $6.84

While we’re talking biotech, I’ll also offer up Northwest Biotherapeutics (NWBO) as an option.

Northwest is your typical big-risk, big-reward biotech small-cap stock. The $330 million company is unprofitable as it burns cash on expensive drug research and trials, primarily regarding treatments that are designed to help patients’ own immune systems gain strength and fight off certain kinds of cancer. Some of the most promising treatments right now target brain cancer and prostate cancer.

You can read more on NWBO trials and treatments here and elsewhere around the web, but the bottom line is that this is a speculative stock that will live or die based on the success of its current research and subsequent FDA approval.

Shares have been quite volatile long-term, but it’s worth noting that Northwest Biotherapeutics is up about 80% year-to-date and has been pretty stable since mid-June.

Shares still trade around $6.80 apiece, however, so if you want to take a flyer on tomorrow’s cancer cures, then consider a small position in NWBO. Just make sure you understand the risk and volatility involved with unprofitable, early-stage biotech stocks like this.

They can rack up big wins, but also big losses if things don’t go right.

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