5 Good Stocks To Buy Now Under $10: February 8, 2012

Which stocks to buy and picking good stocks to buy now may be quantified in numbers. But, in its purest form, it’s about philosophies. When deciding which stock is the best stock to buy now, whether it’s a penny stock or blue chip, you should be greedy in your intake of information to Aim for the High Profits.

Stock market investing is about coming across sketches of a financial plan that lead to the investigation of companies which ends up on finally determining which one, or ones, to make investment in – or not. These ideas can be spawned by reading newspapers, magazines, and internet articles, scanning share market tables or just picking up the phone and talking to your stockbroker.

The most popular approach for the 21st century is to take out a subscription to a financial newsletter. AimHighProfits.com offers a “FREE” subscription to receiving news and alerts on the “hottest penny stocks” in the stock market today.

In choosing good stocks to buy now, one tried and true method for many of the most profitable traders has been monitoring the analyst ratings; most especially the upgraded stocks and newly covered stocks with positive ratings issued to them.

If you are unsure about how to understand Analysts Ratings, check our post to get a better understanding on spotting good stocks to buy now.

These 5 stocks all were upgraded or initiated coverage to a “buy” rating or better recently from Wall Street analysts and would all be considered good stocks to buy under $10:

Fundamental company data provided by Capital IQ:

Advanced Micro Devices (NYSE: AMD)

AMD closing price for Tuesday, February 7, 2012 was $7.13, up 3.03% (+0.21).
AMD has a 52-week high of $9.58 and a 52-week low of $4.31.
AMD has a 1-Yr Target Price of $7.05 with a Market Cap of $5.22B.
AMD was upgraded by analysts at Longbow Research from a “neutral” rating to a “buy” rating and issued a $10.00 price target on the stock.

Cambrex Co. (NYSE: CBM)

CBM closing price for Tuesday, February 7, 2012 was $6.80, down -15.21% (-1.22).
CBM has a 52-week high of $8.44 and a 52-week low of $3.87.
CBM has a 1-Yr Target Price of $11.00 with a Market Cap of $200.51M.
CBM was upgraded by analysts at TheStreet to a “buy” rating.

LeapFrog Enterprises Inc (NYSE: LF)

LF closing price for Tuesday, February 7, 2012 was $6.83, up 7.73% (+0.49).
LF has a 52-week high of $6.84 and a 52-week low of $2.57.
LF has a 1-Yr Target Price of $6.50 with a Market Cap of $449.63.
LF is now covered by analysts at Ascendiant Capital Markets who initiated a “strong-buy” rating and a $8.00 price target on the stock.
LF is scheduled to report earnings after the market close tomorrow, February 9th.

Banco Santander (NASDAQ: BSBR)

BSBR closing price for Tuesday, February 7, 2012 was $9.89, down -0.50% (-0.05).
BSBR has a 52-week high of $12.64 and a 52-week low of $6.73.
BSBR has a 1-Yr Target Price of $11.63 with a Market Cap of $37.52B.
BSBR was upgraded by analysts at Bank of America to a “buy” rating.

AuthenTec Inc (NASDAQ: AUTH)

AUTH closing price for Tuesday, February 7, 2012 was $3.19, down -0.62% (-0.02).
AUTH has a 52-week high of $4.16 and a 52-week low of $2.15.
AUTH has a 1-Yr Target Price of $4.75 with a Market Cap of $139.86M.
AUTH is now covered by analysts at BWS Financial who initiated a “buy” rating and a $5.00 price target on the stock.

If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.

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