The Globe & Mail: Six budding stocks that trade for less than $5 a share
Shirley Won talks to Pender President & PM, David Barr, about two of his stock picks that trade for less than $5 a share, BSM Technologies Inc. (GPS) and Vigil Health Solutions Inc. (VGL).
“Investing in small or micro-cap stocks is fraught with risk, but the potential for owning a multi-bagger is also greater.
Early-stage companies often fly under the radar compared with their large-cap cousins because they lack brokerage coverage. Some may not generate much in the way of revenue or any profit yet, but their stocks could still pop on potential catalysts. Over time, some firms may even become takeover targets by a strategic buyer, such as a competitor, or a financial buyer, such as a private equity firm.”