Picking good stocks for AimHighProfits does not mean they need to be all penny stocks. Yes penny stocks can provide much greater returns percentage wise but do not always allow for an investor to properly invest with an adequate amount to provide for larger monetary gains. We search for the best stocks to buy that have the greatest potential for profits.
Today’s list is comprised of Cousins Properties Inc (NYSE: CUZ), Gruma S.A.B. de CV (NYSE: GMK) and Fuel Tech Inc. (NASDAQ: FTEK); 3 of the best stocks to buy now under $10, February 24, 2012, all upgraded or initiated coverage to a “buy” rating recently from Wall Street analysts and all considered good stocks to buy under $10:
Cousins Properties Inc (NYSE: CUZ), a 54 year old diversified real estate company based in Atlanta with extensive experience in development, acquisition, financing, management and leasing focusing on actively investing in office and retail projects, was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. CUZ closed Thursday, February 23, 2012 at $7.45, up +0.25 (+3.47%) on volume of 1,074,723. CUZ is trading:
- 3.12% above its 50-Day Moving Average, 7.22,
- 14.30% above its 200-Day Moving Average, 6.52,
- past the middle of its 52-Week Range of 5.25 – 9.19,
- with a Short Ratio of 5.70
Stifel Nicolaus now have a $9.00 price target on CUZ.
Gruma S.A.B. de CV (NYSE: GMK), the most globalized food company in Mexico and indisputable worldwide leader in corn flour and tortilla production along with being the makers of the MISSION Mexican food product line, was upgraded by analysts at UBS AG from a “neutral” rating to a “buy” rating. GMK closed Thursday, February 23, 2012 at $9.50, up +0.46 (+5.09%) on volume of 67,988. GMK is trading:
- 10.27% above its 50-Day Moving Average, 8.61,
- 23.23% above its 200-Day Moving Average, 7.71,
- near the top of its 52-Week Range of 6.28 – 9.69,
- with a Short Ratio of 4.40
Fuel Tech Inc. (NASDAQ: FTEK), an air-pollution development, commercialization and application of state-of-the-art proprietary technologies and advanced engineering services, is now covered by analysts at Brean Murray. FTEK closed Thursday, February 23, 2012 at $6.76, up +0.36 (+5.63%) on volume of 200,320. FTEK is trading:
- 9.01% above its 50-Day Moving Average, 6.20,
- 15.22% above its 200-Day Moving Average, 5.87,
- past the middle of its 52-Week Range of 3.77 – 9.22,
- with a Short Ratio of 7.10
Brean Murray set a “buy” rating and a $8.00 price target on FTEK.
Fundamental company data provided by Capital IQ:
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