WINDERMERE, Fla. (Stockpickr) — There isn’t a day that goes by on Wall Street when certain stocks trading near or under $10 a share don’t experience massive spikes higher. Traders savvy enough to follow the low-priced names and trade them with discipline and sound risk management are banking ridiculous coin on a regular basis.
Just take a look at some of the hot movers in the under-$10 complex today, including NF Energy Saving, soaring an amazing 138%; China Recycling Energy, spiking over 60%; Allos Therapeutics, jumping over 25%; and Cleantech Solutions, rising over 20%. You don’t even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading.
>>5 Big Stocks to Trade for Gains in April
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Read more: 5 Stocks Under $10 Poised to Move Higher