3 Top-Ranked ETFs Under $20 for Your Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 07 2024
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Source: Business Insider
Investing in Low-Priced Stocks:
- Investors find low-priced stocks attractive for affordability and the ability to buy more shares.
- These stocks offer potential for significant percentage gains compared to higher-priced stocks.
- Low-priced stocks have high liquidity, making it easier for investors to convert cash quickly.
- However, they can be more volatile and susceptible to price manipulation, especially penny stocks.
- Despite risks, low-priced stocks allow for greater diversification and are currently a preferred option due to recent market volatility.
ETFs Below $20 with Strong Potential:
- Range Cancer Therapeutics ETF (CNCR) offers exposure to cancer therapeutic modalities.
- First Trust Energy AlphaDEX Fund (FXN) focuses on the energy sector amid volatility.
- Global X Cloud Computing ETF (CLOU) targets companies benefiting from cloud computing technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
