Cheap Stocks – Cheap Stocks to Buy 2017
Cheap Stocks – Looking for Cheap Stocks in 2017? The cheapest stocks are usually cheap for a reason. Whether we are talking low priced stocks in the form of cheap penny stocks or just undervalued stocks, something is usually wrong with the company. However, when the best cheap stocks are trading at a bargain, this is when the top opportunities arrive. Let me tell you a little story about what happened two years ago. While most people thought Tesla (TSLA) was expensive below $130 on the massive sell off from $193, I actually considered TSLA a cheap stock. To me it was a cheap growth stock two years ago because the stock was extremely undervalued due to the news regarding the fires. I knew Tesla wouldn’t remain a cheap stock for long so I alerted my stock picks group and we all bought shares. I sold for a profit near $150 but many other traders caught a $100 move as shares hit $265 within the next 12 months. Finding cheap stocks to buy is hard because you have to really know the company in and out to gauge if the stock is actually cheap or undervalued. Below is a list of cheap stocks in 2017. The next big stock opportunity is out there!
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Cheap Stocks 2017 – The Cheapest Stock in 2017 right now is China Bull 3x (YINN). Last year I recommended TNA which was trading down in the $60’s and $50’s and is now over $100! YINN is trading at just $18 per share and is a very cheap stock in my opinion. YINN is the TNA of China and their markets have been dragging for years now and 2017 could be the year they finally bounce back. I think YINN will eventually hit $25-$30 and then return to $70 five years from now. All major pullbacks are a strong buy. I can’t wait to check back in 2018 to see how I did!
Shake Shack (SHAK) – Some investors consider Shake Shack (SHAK) expensive at $35 but I consider it cheap based on it’s growth potential. I’m excited to check back in one year and see if I was right on this call as last year we saw several big rallies in the stock. Shake Shack (SHAK) is the famous and best burger chain taking the world by storm. The company is based in New York City but expanding rapidly through out the USA and Europe. The SmokeShack is one of the best hamburgers I’ve ever tasted and the lines in their restaurants are very long. I’m a fan of long lines, think Chipotle (CMG) and Apple (AAPL).
SHAK stock should explode higher in 2017 from $35 as the company continues to expand and crush earnings expectations. Buy SHAK below $30 if you get the chance and hold for the long term. This stock is cheap!
Cheap Stocks to Watch – More of the cheapest stocks to watch in 2017
Chipotle (CMG) – $368
Intrexon (XON) – $30
Twitter (TWTR) – $19
Apple (AAPL) – $111
Tesla (TSLA) – $193