Cheap stocks are usually cheap for a reason. And that reason isn’t a good one. Because of this, investing in cheap stocks can actually be risky.
But cheap stocks on the rise are a different story. Cheap stocks on the rise are usually rising for a reason. And that reason is a good one. It’s because either the stock got too cheap or the growth prospects are improving, or both.
Because of this, investing in cheap stocks on the rise can actually be quite rewarding.
With that in mind, here is a list of 3 cheap stocks that are already on the move higher due to improving operations.
Hot Casino Stocks To Invest In 2019: Northern Technologies International Corporation(NTIC)
investorplace.com/wp-content/uploads/2018/05/nticmsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2018/05/nticmsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2018/05/nticmsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2018/05/nticmsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2018/05/nticmsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2018/05/nticmsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2018/05/nticmsn-78×43.jpg 78w, investorplace.com/wp-content/uploads/2018/05/nticmsn.jpg 728w” sizes=”(max-width: 300px) 100vw, 300px” style=”margin: 0px 20px 18px 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: Arial, Helvetica, sans-serif; vertical-align: baseline; outline: 0px; background: transparent; display: block; float: left;” />
Northern Technologies International Corporation(NASDAQ:NTIC) is one of those companies that has built a strong reputation in the industries it serves but is such a niche player, many investors outside these industries don’t know it exists.
And as a firm with a $144 million market cap, it also has gotten lost in the big-cap buying that has dominated the markets for so long.
But it deserves its day in the sun, which has arrived.
Founded in 1970, NTIC specializes in corrosion inhibiting products and corrosion management solutions, predominantly for the oil and gas business. Think about keeping tank farms rust free, or keeping equipment on drilling platforms — either on land or offshore — operational and free of rust. It’s a big job, and NTIC is one of the industry leaders.
As U.S. energy production rises, so will the fortunes of NTIC.
Hot Casino Stocks To Invest In 2019: Acuity Brands Inc(AYI)
It’s been a painful couple of years for Atlanta lighting specialist Acuity Brands, Inc. (NYSE:AYI) and its shareholders who’ve seen $5.5 billion shaved off its market cap since the end of 2015.
CEO Vernon Nagel, who’s been in the top job since September 2004, has personally seen paper losses of $47 million over the past 28 months. If there’s anybody who wants to see AYI stock rebound, it would be someone who owns just less than 400,000 shares.
In Acuity’s situation, the problem is profits. They’re shrinking. In the second quarter ended February 28, 2018, operating profits were $88 million, 18.5% lower than a year earlier.
Sales, while not showing massive advancement, did manage to grow by 3.4% in Q2 2018 to $832 million, exceeding management expectations. Operating in a moribund lighting market, Acuity is making lemonade out of lemons by implementing cost savings initiatives to ensure its profitability doesn’t deteriorate any further.
Like a value investor waiting for his or her time to strike, Acuity is biding its time until the business improves.
With free cash flow that’s higher than it’s ever been, Acuity’s stock is definitely on sale. However, like all stocks, I can’t predict when the lighting industry is going to resume its growth, but when it does, Acuity will be back trading in the $200s.
Hot Casino Stocks To Invest In 2019: Golden Minerals Company(AUMN)
Golden Minerals Co (NYSEAMERICAN:AUMN) engages in construction, mining and exploration of mineral properties. The company explores silver, gold, zinc, lead and other minerals.
The stock currently holds a Zacks Rank #2. The company’s projected sales growth is 0.13% for 2018 and 209% for 2019. On a month-to-date basis, the stock has rallied 8.9%, outpacing the sector’s gain.
Hot Casino Stocks To Invest In 2019: Intuitive Surgical Inc.(ISRG)
Intuitive Surgical is one of my favorite companies, a stock that I own, and have held for more than a decade, and that would be Intuitive Surgical, the maker of the da Vinci robot, the surgical robot.
Really, it’s sort of a misnomer when you say surgical robot. A lot of people picture something that’s moving around and performing surgery on people. If you remember some of the scary images from, let’s say, Logan’s Run and if you remember what happened to Farrah Fawcett Majors in that movie, you have bad feelings when sometimes you think about surgical robots. But no, this is actually kind of a [machine with four arms] that sits over patients and the doctor will be sitting off to the side with his or her hands in gloves that are manipulating the arms of the da Vinci surgical robot. It turns out you don’t even have to be in the same room as the patient. You could be in another city and be an expert in operating minimally invasively on patients.
And whether we’re talking about a prostatectomy, [the removal of the prostate for prostate cancer], or hysterectomies, colorectal cancer; increasingly the da Vinci surgical robot is the answer, especially for patients who want to walk off the hospital bed faster than they would have in the past when they got cut into by human hands. This minimally invasive surgery that sounds attractive to you does to me, as well, and that’s part of the growth story behind this worldwide leader in robotic-assisted surgery. I love Intuitive Surgical and I sure do love the stock price.
Now, we first picked it at Rule Breakers almost 15 years ago at $44 a share, and I was putting that number out last year when I did the podcast for April The Giraffe and "I" was Intuitive Surgical. It had gone from $44 to $794 since we’d held it for a decade plus.
Well, the numbers have all changed a little bit, because in October of last year, just a few months ago, the company did a three for one stock split, so all of the numbers changed a little bit, but now adjusting for that, technically a year ago I picked this stock, then, at $269 a share for you in this podcast, and today I’m happy to say it’s up to $422.
So, with the market up 15%, Intuitive Surgical is up 57%, which gives us a big, fat +42% in the win column, juicing our numbers and making — was it Tajiri, Rick — even happier as these stocks grow up with that little baby giraffe. They’re the same age, and I think we do grow from a percentage standpoint, most of all in our first year, if you think about it, as babies progress from zero to one, and we’re seeing some huge growth from these stocks in their first year picked for April a year ago.
Hot Casino Stocks To Invest In 2019: Visa Inc.(V)
While blockchain may be the future of money, the world’s still going to need middlemen to make it easy for consumers and business to use. In the meantime, the world needs a means of facilitating commerce the old-fashioned way. That’s credit card icon Visa Inc (NYSE:V), which not only has the most market share in the business, but through 2016 was widening its lead.
The company isn’t resting on its laurels though, well aware that times are always changing. It recently decided actual signatures would no longer be required to make purchases with cards that have a chip in them, and it’s currently testing a user-authentication platform that requires a fingerprint … the first of its kind for the industry.