3 Triple-Digit Stocks With Upside Potential of At Least 40%: Apple (NASDAQ: AAPL), Gilead Sciences (NASDAQ: GILD), NXP Semiconductors (NASDAQ: NXPI)

It's a common misconception among new investors, and one that even veterans occasionally make: assuming that a stock's price is the ultimate determinant of value.
Of the more than 7,000 stocks currently listed on U.S. stock exchanges, just 428 have a share price of $100 or higher. By comparison, there are more than 900 companies to choose from with a share price of $5 or less. The perception of being able to buy more shares of a lower priced stock, as well as the idea that it'd be easier for a $5 stock to double in value than a $100 per share stock, tends to lead novice investors and short-term traders away from some very trustworthy and high growth potential triple-digit price tag stocks. (more)
Please share this article