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Amid this uncertainty, low-priced stocks with significant growth potential could be ideal bets versus their overpriced counterparts. In addition, a substantial increase in retail trading activities should help under-the-radar stocks outperform the pricey ones because retail investors tend to dabble in low-priced stocks due to their limited capital and desire to own more shares.
This, along with a low-interest-rate environment, should we think continue to favor financially sound stocks Mechel PAO (MTL), Lifeway Foods, Inc. (LWAY), and RCM Technologies, Inc. (RCMT), which are currently trading at less than $10. These stocks have a ‘Strong Buy’ rating in our proprietary POWR Ratings system.
