And that’s why major casino stocks, from Wynn (NASDAQ: WYNN) to Penn National (NASDAQ: PENN) have been rallying as of late. In the midst of March’s sell-off, casino stocks were trading at fire sale prices, given the uncertainty of if and when they could reopen.īut with “shelter-in-place” orders now being lifted around the world, it seems gamblers will be hitting the tables again sooner than later. Micro-Cap Stocks to Buy: Century Casinos ( CNTY) But each and every one has the potential for big gains. Yes, they are all “high-risk” investments. Others are value names beaten down by the coronavirus sell-off. Some of these names are “hot” growth opportunities. With this in mind, what kinds of micro-cap stocks should you consider? Screening the markets, I found 5 names that could be worth gambling on: It’s not hard to find a micro-cap stock trading for half of its underlying value, or even less.ħ Biotech Stocks to Buy That Could Beat the Coronavirus And that means there is much more mispricing. Given their small size, Wall Street analysts ignore them and institutional players can’t invest due to size limitations.Īs a result, the micro-cap space is much less efficient.
Companies just about to the change the game with new technologies can also be found when screening for micro-caps.įor value investors, micro-cap stocks are also prime hunting ground. For growth investors, micro-cap stocks allow you to “get in on the ground floor,” whether that’s with a biotech stock on the cusp of something big or an emerging cannabis stock that could rally on the wave of legalization.
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