3 TSX shares under $ 10

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Canadians entered the new 20s with a bang. With a market crash behind us, growth stocks like HIVE Blockchain Technologies Ltd. (TSXV: HIVE) dominated the scene and continues to drive further growth. That said, there are still stocks that trade way below future growth. This is especially true for patient, long-term investors. So if you are interested in HIVE stocks and other stocks trading under $ 10 this is the place to be.

HIVE stick

Let’s start with one of the biggest trends out there right now: cryptocurrency. On the one hand, investing directly in cryptocurrency stocks has brought people millions. On the other hand, others have also lost millions. That’s why I love a cheap one (TSXV: HIVE) that dominates the scene and continues to drive further growth. That said, there are still stocks that trade way below future growth. This is especially true for patient, long-term investors. So if you are interested in HIVE stocks and other stocks trading under $ 10 this is the place to be. HIVE Stock Let’s start with one of the biggest trends out there right now: cryptocurrency. On the one hand, investing directly in cryptocurrency stocks has brought people millions. On the other hand, others have also lost millions. That’s why I love a cheap stock like HIVE. The shares trade around $ 4 for the blockchain miner and digital currency seller. That is an increase of around 1,440% in the last year alone! Still, there is still an option for investors to get in as stocks have fallen roughly 40% since their 52-week high. The company has a strong growth path ahead of it, with more and more companies and countries supporting the use of cryptocurrency. This is especially true when companies like Coinbase become available. The company is also growing through the acquisition of data centers, most recently through the acquisition of Green Energy in New Brunswick. So investors who want to hold on to this stock should be well rewarded. If a $ 10,000 investment bounces back to a 52 week high, it would result in $ 18,125 at the time of writing. The Tech Innovator: BlackBerry Stock Investors Are Up About The Future Of BlackBerry Ltd. (TSX: BB) (NYSE: BB) remains uncertain. However, the company has grown into a leader in autonomous vehicles and cybersecurity. The partnership with Amazon to work on its IVY platform should further solidify this and increase sales. Business for Business has registered BlackBerry shares for its QNX software. And the Canadian government has also used BlackBerry stocks as a provider of their cybersecurity. So the company certainly has growth in its future, especially if electric vehicles become the norm over the next decade. BlackBerry stock is up 85% over the past year, but at the time of writing, stocks are down to around $ 10.70. If stocks returned to a 52-week high, it would be a 236% gain. That would turn an investment of $ 10,000 at the time of writing into $ 33,644! We All Need It: StorageVault The reason StorageVault Canada Inc. (TSXV: SVI) did so well is because it has something we all need: storage. Divorce, death, downsizing, or relocation, at some point we will all use the services of a company like StorageVault. The company is basically a real estate investment trust that has offices across Canada and continues to grow through acquisitions. With units holding items for decades in some locations, it means there is a safe line of recurring revenue coming in. No wonder revenue continued to be strong during the economic downturn. Revenue recently increased by 15% compared to the previous year and the EBITDA margin by 52%. Meanwhile, stocks are up 46% over the past year, with the company offering a dividend yield of 0.25%. All of this at a share price of $ 4.60 at the time of writing! And still in the midst of a retreat, a $ 10,000 investment at 52-week highs could turn to $ 10,304. “> Stocks like HIVE.

The shares trade around $ 4 for the blockchain miner and digital currency seller. That is an increase of around 1,440% in the last year alone! Still, there is still an option for investors to get in as stocks have fallen roughly 40% since their 52-week high.

The company has a strong growth path ahead of it, with more and more companies and countries supporting the use of cryptocurrency. This is especially true for companies Coinbase become available. The company is also growing through the acquisition of data centers, most recently through the acquisition of Green Energy in New Brunswick. So investors who want to hold on to this stock should be well rewarded.

If a $ 10,000 investment bounces back to a 52 week high, it would result in $ 18,125 at the time of writing.

The tech innovator: BlackBerry stock

Investors remain uncertain about the future of BlackBerry Ltd. (TSX: BB) (NYSE: BB). However, the company is a leader in autonomous vehicles and cybersecurity. His partnership with Amazon The work on the IVY platform should further consolidate this and increase sales.

Business for Business has registered BlackBerry shares for its QNX software. And the Canadian government has also used BlackBerry stocks as a provider of their cybersecurity. So the company certainly has growth in its future, especially if electric vehicles become the norm over the next decade.

BlackBerry stock is up 85% over the past year, but at the time of writing, stocks are down to around $ 10.70. If stocks returned to a 52-week high, it would be a 236% gain. That would turn an investment of $ 10,000 at the time of writing into $ 33,644!

We all need it: StorageVault

The reason StorageVault Canada Inc. (TSXV: SVI) did so well because it has something we all need: storage. Divorce, death, downsizing, or relocation, at some point we will all use the services of a company like StorageVault.

The company is basically a real estate investment trust that has offices across Canada and continues to grow through acquisitions. With units holding items for decades in some locations, it means there is a safe line of recurring revenue coming in.

No wonder, then, that revenues continued to be strong during the economic downturn. Revenue recently increased by 15% compared to the previous year and the EBITDA margin by 52%. Meanwhile, stocks are up 46% over the past year, with the company offering a dividend yield of 0.25%. All of this at a share price of $ 4.60 at the time of writing! And still in the midst of a retreat, a $ 10,000 investment at 52 week highs could turn to $ 10,304.

Post-HIVE stock on BlackBerry: 3 TSX shares under $ 10 first appeared on The Motley Fool Canada.

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Fooling contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. David Gardner owns shares in Amazon. The Motley Fool owns shares in and recommends Amazon. The Motley Fool recommends BlackBerry and BlackBerry and recommends the following options: long calls in January 2022 for $ 1920 to Amazon and short calls in January 2022 for $ 1940 to Amazon.

The Motley Fool’s goal is to help the world invest better. Click here now for your free subscription inventory, The Motley Fool Canada’s free investment newsletter. Packed with stock ideas and investment advice, it is important reading for anyone looking to build and grow their wealth in the years to come. Motley Fool Canada 2021



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