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6 stocks below 10 USD with the potential to reach 100 USD

David Boulder
15. 3. 2024
3 min read

In these times of market volatility, looking for stocks with the potential for significant growth is like looking for a needle in a haystack. However, there are stocks that are trading below $10 that have the potential to reach $100 or even more by 2026. Here's a list of six such stocks.

We all know the frustration with the disappointing performance of some stocks, but right now let's take a look at stocks that could offer excellent appreciation in the future.

Black Rifle Coffee Company $BRCC+4.1%

Black Rifle Coffee Company is an American company specializing in theproduction and sale of coffee. Despite recent losses, the company is continuing its expansion plan and is expected to reach $1.4 billion in sales by 2028. With a path to profitability and a strong customer base, the company has room to grow. The company is focusing on innovations in its products and services and striving to respond to the needs of its customers, which could support the company's long-term growth.

BRCC

BRC Inc.

BRCC
$3.85 $0.15 +4.05%
Capital Structure
Market Cap
854.0M
Enterpr. Val.
949.3M
Valuation
P/E
-14.3
P/S
2.2
Dividends
Yield
-
Payout
-

Flux Power $FLUX+1.7%

Company Flux Powera maker of lithium-ion batteries, may benefit from falling interest rates, spurring renewed growth. With earnings per share projected to rise to 53 cents in 2026 and valuation at just 8 times earnings estimates, the company has room for exponential growth. Analysts also see steady revenue growth, and the company has the potential to continue to grow thanks to the expected increase in demand for electric vehicles.

FLUX
$4.91 $0.08 +1.66%
Capital Structure
Market Cap
81.2M
Enterpr. Val.
96.2M
Valuation
P/E
-13.6
P/S
1.3
Dividends
Yield
-
Payout
-

Eventbrite $EB-0.7%

Eventbrite, a ticketing and event management platform , is looking to rebuild its position after the pandemic. With rising revenues and expected revenue growth, it can provide significant returns to investors with a long-term view. The company has ambitious plans to expand its services and adapt to new trends in the events industry, which could strengthen its position and lead tolong-term growth.

EB
$5.51 -$0.04 -0.72%
Capital Structure
Market Cap
548.2M
Enterpr. Val.
332.8M
Valuation
P/E
-21.2
P/S
1.6
Dividends
Yield
-
Payout
-

LexinFintech $LX+2.2%

LexinFintech is a Chinese financialservices company that focuses primarily on consumer lending and small and medium-sized enterprise financing. Despite concerns about Chinese stocks, the LexinFintech appears to be undervalued. With growing revenues and a low valuation compared to market expectations, this company may be an investment opportunity with potential earnings growth. With its innovative approach to financial services and expansion into new areas, the company may gain additional market share and strengthen its position.

LX
$1.82 $0.04 +2.25%
Capital Structure
Market Cap
293.0M
Enterpr. Val.
5.0B
Valuation
P/E
2.1
P/S
0.2
Dividends
Yield
1.4%
Payout
0.0%

Baozun $BZUN-3.8%

Baozun is an e-commerceservice provider in China that is returning to profitability and planning a share buyback. With an undervalued valuation and a positive financial outlook, the Baozun one of the candidates for excellent valuation. The company is focusing on strengthening its competitiveness and developing new products and services, which could contribute to their revenue and earnings growth.

BZUN
$2.75 -$0.11 -3.85%
Capital Structure
Market Cap
115.0M
Enterpr. Val.
1.4B
Valuation
P/E
-4.2
P/S
0.1
Dividends
Yield
-
Payout
-

Bit Digital $BTBT+2.3%

Bit Digital is a company that specializes inmining cryptocurrencies, primarily Bitcoin. At a time of rapid growth in the cryptocurrency Bitcoin, it has Bit Digital the potential for significant profits. With the expansion of its portfolio and the expected increase in the value of Bitcoin, the company may offer investors an attractive opportunity. The company is focused on expanding its stake and strengthening its technological capabilities, which could lead toexponential growth.

BTBT
$2.20 $0.05 +2.33%
Capital Structure
Market Cap
259.9M
Enterpr. Val.
246.1M
Valuation
P/E
-13.8
P/S
5.2
Dividends
Yield
-
Payout
-11.5%

Disclaimer: There is a lot of inspiration to be found on Bulios, but stock selection and portfolio construction is up to you, so always conduct a thorough analysis of your own.

Source.


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