Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Regional banking company Eastern Bankshares (NASDAQ:EBC) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 130% year on year to -$47.22 million. Its non-GAAP profit of $0.34 per share was 3.8% above analysts’ consensus estimates.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
