The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. That said, here is one stock under $50 that could 10x and two that could be down big.
Two Stocks Under $50 to Sell:
Jamf (JAMF)
Share Price: $12.15
Founded in 2002 by Zach Halmstad and Chip Pearson, right around the time when Apple began to dominate the personal computing market, Jamf (NASDAQ: JAMF) provides software for companies to manage Apple devices such as Macs, iPads, and iPhones.
Why Does JAMF Give Us Pause?
- Offerings struggled to generate meaningful interest as its average billings growth of 9% over the last year did not impress
- Poor expense management has led to operating losses
- Poor free cash flow margin of 3.5% for the last year limits its freedom to invest in growth initiatives, execute share buybacks, or pay dividends
Jamf’s stock price of $12.15 implies a valuation ratio of 2.3x forward price-to-sales. Check out our free in-depth research report to learn more about why JAMF doesn’t pass our bar.
Matthews (MATW)
Share Price: $22.09
Originally a death care company, Matthews International (NASDAQ: MATW) is a diversified company offering ceremonial services, brand solutions and industrial technologies.
Why Do We Think MATW Will Underperform?
- Flat sales over the last two years suggest it must innovate and find new ways to grow
- Performance over the past five years shows its incremental sales were much less profitable, as its earnings per share fell by 12.1% annually
- Below-average returns on capital indicate management struggled to find compelling investment opportunities
Matthews is trading at $22.09 per share, or 4.2x forward EV-to-EBITDA. To fully understand why you should be careful with MATW, check out our full research report (it’s free).
One Stock Under $50 to Buy:
Globalstar (GSAT)
Share Price: $20.71
Known for powering the emergency SOS feature in newer Apple iPhones, Globalstar (NASDAQ: GSAT) operates a network of low-earth orbit satellites that provide voice and data communications services in remote areas where traditional cellular networks don't reach.
Why Will GSAT Outperform?
- Annual revenue growth of 29.8% over the past two years was outstanding, reflecting market share gains this cycle
- Incremental sales over the last two years have been highly profitable as its earnings per share increased by 52.5% annually, topping its revenue gains
- Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends, and its rising cash conversion increases its margin of safety
At $20.71 per share, Globalstar trades at 19.3x forward EV-to-EBITDA. Is now a good time to buy? Find out in our full research report, it’s free.
Stocks We Like Even More
With rates dropping, inflation stabilizing, and the elections in the rearview mirror, all signs point to the start of a new bull run - and we’re laser-focused on finding the best stocks for this upcoming cycle.
Put yourself in the driver’s seat by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years.
Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free.