Economy 3 premium strong buy shares below $ 6

3 premium strong buy shares below $ 6

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There are good times in the US right now. A new Gallup poll shows that Americans see themselves far better today than they did four years ago. The economy is growing and the Fed’s current policies have cleared the field for corporate growth. And investors feel adventurous; The stock markets are at or near record highs.

So if you’re considering trying a high-risk, high-return equity strategy, now is the time to do it. A strong economy and emerging markets will provide the buffer that is needed in the event that an investment fails to materialize, while the general growth trend enables the upswing for otherwise marginal investments. In other words, this is the time to buy cheap stocks.

Cheap stocks – and this is stocks below $ 6 – are offered for a reason. Investors have sold them in large quantities, and this only happens if the company or its industry has given serious warning signs.

As soon as a stock falls to this price level, the equation changes. Not all of these companies have failed. While they have been sold, their current low prices can now be an incentive to buy – low entry costs that reduce the risk for investors. The key is to find inexpensive stocks that also have a clear path to future success. Because if any of these companies break out, the rewards are substantial.

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Use the TipRanks Stock Screener ToolWe found several cheap stocks that match the profile. The TipRanks database contains over 6,500 stocks. By setting the screener filters to show only micro and small cap companies with strong buy consensus ratings and an upside potential of over 20%, we narrowed the field down to 198. a much more manageable number for research. Here are three that investors should consider. “Data-reactid =” 15 “> With the TipRanks stock screener tool, we found several cheap stocks that match the profile. The TipRanks database contains over 6,500 stocks, but from If you set the screener filters so that only Micro and small cap companies with a strong buy consensus rating and an upside potential of over 20% are shown, we have narrowed the field down to 198, a far more manageable number for research investors should note.

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "NexTier Oilfield Solutions (NEX)“data-reactid =” 16 “>NexTier Oilfield Solutions (NEX)

We’ll start where so much of the U.S. energy energy boom started. The first stock on our list is NexTier Oilfield Solutions, a provider of support services that have enabled the fracking boom in the oil field over the past decade. The company’s services include drilling rig maintenance, drilling wells, pumps and piping for fracking operations, and liquid management and disposal.

NexTier is a new, old company that was founded in the third quarter of 2019 through the business combination of Keane Group and C & J Energy Services. NEX has inherited Keane’s past performance legacy, and the name change of the combined company reflects the aspect of the merger. The combined company is able to achieve cost efficiencies that are not available for any of the original parts.

NEX reported better earnings and sales than expected in the third quarter, exceeding estimates. However, a decline is expected for the fourth quarter. Analysts expect a net loss of 2 cents per share. It is important to note that the fourth quarter has the worst winter weather and that the winter quarters tend to underperform. Even so, the company still expects sales in the range of $ 640-660 million, slightly above the previous fourth quarter forecasts.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Writing for JPMorgan, analyst Sean Meakim sees NEX as well positioned to exceed fourth quarter expectations. He believes the company will meet its new guidelines – and as conventional wisdom wears off, he believes NEX will be recognized for its outperformance. Meakim writes: “We believe the recent underperformance may be exaggerated and are preparing stocks for a positive response. We believe that NEX will likely provide a forecast that is above consensus estimates for the first quarter of 20 and will benefit from demonstrating its ability to carry out the merger. “” Data-reactid = “20”> Analyst Sean Meakim, who writes for JPMorgan, sees NEX as well positioned to meet fourth-quarter expectations. He believes the company will meet its new guidelines – and since conventional ones Wisdom lower, he believes NEX will be recognized for his outperformance, Meakim writes: “We believe the recent underperformance may be overkill and is preparing the stocks for a positive response. We believe NEX is expected to provide forecasts that will exceed the consensus estimates for the first quarter of 20, and will benefit from demonstrating its ability to carry out the merger … “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Meakim supports its buy recommendation with a target price of USD 9 on NEX Stocks, indicating an upside potential of 67%. (To see Meakim's track record, Click here) “data-reactid =” 21 “> Meakim supports its buy recommendation with a price target of USD 9 for NEX shares, indicating an upside potential of 67%. (To see Meakim’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Overall, NEX shares hold a strong buy The share has one Priced at just $ 5.33, but the upside potential is excellent: the average price target is $ 7.90, which leaves room for 47% growth over the next 12 months. (See NexTier’s stock analysis at TipRanks) “data-reactid =” 22 “> Overall, NEX stocks hold a strong buy from the analyst consensus rating based on 4 purchases and 1 hold. The stock is priced at only $ 5.33, but the upside is excellent: The average price target is $ 7.90, which gives room for 47% growth over the next 12 months (see NexTier’s stock analysis at TipRanks).

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "EQT Corporation (EQT)“data-reactid =” 35 “>EQT Corporation (EQT)

With our second stock on the list, we stay in the energy sector. EQT is a major natural gas supplier that owns or leases exploration and production rights to over 1 million acres of land in Pennsylvania, West Virginia and Ohio. The company’s holdings include over 19.1 trillion cubic feet of proven reserves. In mid-2018, EQT outsourced its midstream activities (pipelines and associated transportation) to Equitrans, allowing the parent company to focus on drilling and mining.

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The EQT share has been put under pressure by the company’s loss of earnings in recent quarters. As oil and gas prices are low, EQT recorded net losses in both the second and third quarters of last year. However, the analysts forecast a strong fourth quarter in the future and expect a positive net EPS of 9 cents. The company will release its earnings on February 27 before markets open.

Positive earnings will be a welcome shift, not just because of the inevitable impact on stock value. EQT pays a small but extremely reliable dividend to shareholders, and with net profit losses, the payout doesn’t seem sustainable. The dividend is only 3 cents per quarter, but the annual payment of 12 cents gives a return of 2.27%, which is above the average of the companies listed on S&P and three quarters of a point above government bond yields. EQT has maintained its dividend payment for the past seven years and most recently increased in November 2018.

<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Scotiabank-Analyst Holly Stewart sees EQT in a difficult place right now, but with a way out. She writes: “EQT was nimble and opened the high yield market when a window opened and expressed its very short terms. Our update with management confirmed that progress is being made through cost reduction, operational efficiency, contract renegotiation and, of course, refinancing. While we expect short-term equity challenges as the commodity can impact FCF, leverage and asset sales targets, we believe an interest rate history will emerge in the coming months. “” Data-reactid = “39”> Holly, an analyst at Scotiabank Stewart currently sees EQT in a difficult place but with a way out. She writes: “EQT was nimble and opened the high-yield market with its window open and his Our update with management has confirmed this. Progress is being made through cost reduction, operational efficiency, renegotiation of contracts and of course refinancing. We expect short term challenges for the stocks as the commodity targets the FCF, leverage and sale of Assets, but believe the change in interest rates will change in the coming months. “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to their optimism about the stock, Stewart gives it a buy recommendation and a price target of $ 12. Your target shows confidence in an upside potential of 127%! (To see Stewart’s track record, Click here) “data-reactid =” 40 “> In line with her optimism about the stock, Stewart gives her a buy recommendation and a price target of $ 12. Her goal shows confidence in an upside potential of 127%! (To watch Stewart’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Arun JayaramJPMorgan agrees with Stewart’s analysis. In his comment on EQT last month, he said: “We expect the pressure to be relatively neutral as the company announced optimistic fourth quarter 19 results and reaffirmed its guidance for 2020. Given the weak natural gas fundamentals, we expect an acute focus on the company’s debt relief program and gradual progress in simplifying its service contracts with key midstream partners … “” data-reactid = “41”> JPMorgan’s Arun Jayaram agrees with Stewarts Analysis match. In his comment on EQT last month, he said: “We expect the pressure to be relatively neutral as the company announced optimistic fourth quarter 19 results and reaffirmed its guidance for 2020 … Given the weak natural gas fundamentals, we expect an acute focus on the company’s debt relief program and gradual progress in simplifying its service contracts with key midstream partners … “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Jayaram's target price, $ 12.50, secures his purchase valuation and implies an upward movement of 136%. (To see Jayaram’s track record, Click here) “data-reactid =” 42 “> Jayaram’s $ 12.50 price target supports his buy recommendation and implies an upward trend of 136%. (To see Jayaram’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Overall, the four latest reviews from EQT include 3 purchases and 1 Hold, which gives this stock a strong buy-consensus rating, selling for just $ 5.28 and an average price target of $ 13.50 suggests a whopping 150% upside.See EQT’s stock analysis at TipRanks) “data-reactid =” 43 “> Overall, EQT’s four most recent valuations include 3 purchases and 1 hold, giving this stock a strong buy consensus rating. The shares are sold for only $ 5.28 and the average price target of $ 13.50 indicates space for incredible upside potential of 150% (see EQT’s stock analysis at TipRanks)

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "iClick Interactive Asia Group (ICLK)“data-reactid =” 52 “>iClick Interactive Asia Group (ICLK)

Most recently on today’s list is iClick, an online marketing technology platform based in Hong Kong. The company’s platform offers customer solutions for digital marketing, data analysis and software development. The iClick services apply to advertising exchanges and networks, mobile apps and social media, as well as to web publishers and content websites. The company reaches a worldwide customer base.

ICLK’s shares have fallen below $ 4 in the past few months when the company gained access to credit while taking on a new CEO. In a November announcement, the company issued a $ 20 million convertible bond that is payable over a three-year period and carries an annual interest rate of 5%. And in December, the company underwent a restructuring of the top management. iClick announced Jian Tang as CEO in the middle of the month. The change was made on New Year’s Day. It is interesting to note that despite all of this, ICLK has managed to exceed expectations for the third quarter results. Like many digital tech companies, the company was at a loss – but that loss was only 2 cents per share compared to the expected 7 cents.

Looking ahead, Wall Street expects ICLK to hit that 2-cent loss in the fourth quarter. It should be noted here that the company exceeded its forecasts in three of the last four reporting quarters.

<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "5-star analyst Darren Aftahi, from Roth Capital, gives ICLK shares a clear purchase rating. Aftahi supports his stance and writes: “4Q results should probably be close to the high end of the previous forecast, which suggests that our model is up ~ 4-5%. The update strengthens our confidence in ICLK’s long-term prospects for greater scaling, which should improve future growth and earnings profiles. “” Data-reactid = “56”> Roth Capital’s 5-star analyst Darren Aftahi gives a clear buy rating for ICLK shares. Aftahi supports his stance and writes: “Fourth quarter results are likely to be near the top end of the previous Forecasts are suggesting that our model is up ~ 4-5% up, and the update strengthens our confidence in ICLK short-term prospects for greater scaling, which should improve the growth and earnings profile in the future. ”

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Aftahi gives the stock a target price of USD 7, which implies Room for future growth potential of 88%. (To see Aftahi's track record, Click here) “data-reactid =” 57 “> Aftahi gives the stock a target price of $ 7, which implies room for future growth potential of 88%. (To watch Aftahi’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Of the holdings on this list only ICLK receives all three youngest Valuations are buy recommendations. The average price target is $ 7.82, slightly more aggressive than Aftahi's above, and indicates an upside potential of 110% over the current share price of $ 3.72. (See iClick stock analysis at TipRanks) “data-reactid =” 58 “> Of the stocks on this list, only ICLK receives a unanimous consensus rating for strong buying analysts. All three most recent ratings are purchases. The average price target is $ 7.82, slightly more aggressive than the one above from Aftahi shows an upside potential of 110% compared to the current share price of $ 3.72 (see iClicks share analysis at TipRanks)

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