8 Of The Best Stocks Under $2 To Buy Now

Stocks under $2: What you need to know

Stocks under $2 are a great way to invest although they often carry more risks and volatility than higher-priced stocks; however, the chance of making larger profits is equally high. Since volatility is more frequent than higher-priced is a good rule of thumb to look for stocks that offer at least 50% upside potential. For example, if you invest $100 into two companies and each company grows at 15% per year, you will have a total return of 300% in five years. Thus, a stock under $2 can be a great way to invest, especially when looking for long-term trends.

How to find under $2 stocks with high potential?

Here are five rules for investing in stocks under $2:

• Check to see if the stock price is volatile. If there is, this is a warning sign.
• Look at the charts and long-term trends.
• Are there any companies that produce things you want to buy?
• Do some research on the company.
• Look for the stock price to be around 50¢.
• Then read some reviews on the stock from other investors.
• Find stocks that pay dividends. 

Investors looking to purchase stocks under $2 need to research which are the best stocks to buy now. Do your research. Investing in stocks under $2 is easier than you might think but often is not a safer route than investing in stocks with high prices. Most people never take the time to research a stock before they purchase it, and they usually buy stocks based on what friends or family members tell them to do. That might lead to huge losses.

Are stocks under $2 penny stocks?

Stocks under $2 are commonly referred to as penny stocks. A penny stock is a stock trading at a relatively low price. The term “penny stock” is used to refer to stocks that trade for less than $5 per share, but the truth is that the penny stock definition varies from country to country. 

Many people choose to invest in penny stocks because they offer high potential rewards in exchange for high risks. The reason investors take on these risks because penny stocks often don’t follow the same rules and regulations as other companies and because their share prices can be volatile and unpredictable.

Penny stocks typically make up only 0.2% of the total US trading volume.

How long shall you hold stocks under $2?

Stocks under $2 hold tremendous long-term potential. Because of this, you should buy stocks under $2 only if you know you’re going to be holding the stock for an extended period. As a rule of thumb, you should buy stocks under $2 if you plan to hold them for more than three years. Of course, trading is also welcome. For example, if you sell stock under $2 when it’s under its 52-week high of $2.76, you’ll repurchase it for around $2.19, a 20.6% discount to what you paid for it.

With more than than 3,500 stocks on the New York Stock Exchange (NYSE), it can take hours of work to go through them to find the best under $2 stocks. This is why we have done the homework on your behalf and listed below 7 of the best stocks under $2 you should consider buying straight away!

Best under $2 Tech stocks

ReWalk Robotics (NASDAQ: RWLK)

ReWalk Robotics is a public company that was founded in 2001. They are the world’s leading innovator in exoskeletons for people with lower limb disabilities. They produce and market robotic products to rehabilitation centers, clinics, and home users – including the ReWalk Personal System. From personal use to rehab, their products provide hope and independence to people who have been diagnosed with spinal cord injury, stroke, or other neurological conditions.

ReWalk Robotics is a leading developer of exoskeleton technology for people with mobility disabilities. We are the only company that offers a lower-body robotic suit that enables individuals to sit, stand, or walk as they choose.

ReWalk’s mission is to develop intelligent wearable technologies that address the challenges facing individuals with mobility impairments. Their products are designed to assist those who have lost the use of their legs due to spinal cord injury, stroke, multiple sclerosis, or other causes.

Robotic exoskeletons have been in development for many years. However, they’ve been largely limited to hospitals and rehabilitation centers because of their high cost. ReWalk Robotics is changing that by making a lower-cost robotic device that can be used at home. This robotic device can change the lives of many people who have limited mobility due to a neurological condition, stroke, or injury. 

The company continues to develop its product and expand robotic exoskeletons with help from investors like Intel Corporation. 

We all want to be as active as we were before an injury or illness. But for those who have been told they can’t walk again, this is a seemingly impossible task. Unfortunately, this has been the reality for many people with spinal cord injuries and other disabling conditions.

However, things are changing. Now, there’s a new way to move. ReWalk Robotics is a wearable robotic exoskeleton that unlocks walking capabilities for paraplegia and provides therapy to children with cerebral palsy and other conditions. With this technology, people can walk again and rehabilitate themselves from injury or illness at their own pace.

HPIL Holding Common Stock (OTCMKTS: HPIL)

HPil Holding Common Stock (OTCMKTS: HPIL) is a company that deals in the distribution of hardware and software products. The company was founded in 1998 and is headquartered in San Jose, California. The company engages in the sale of computer hardware and related peripherals, printers, personal computers, workgroup servers, software licenses, computer peripherals accessories and technology-based services.

The firm’s products include HP Verifiable Service Assurance (VSA), HPE Test Lab Services, HP Print3Go Technology and HP Connected Digital Storefronts. The firm also sells 2nd level service such as PC repair using proprietary software tools to diagnose, troubleshoot and repair various problems with personal computers.

The company is growing in leaps and bounds with technological innovation, a focus on their shareholders, and a dedication to the health of their employees. They are becoming more visible in the market with each day at work. This has resulted in an increase in the share price of their company’s stock, causing potential investors to take notice.

HPil Holding Common Stock is focused on growth within the different sectors that they’re involved in including technology, manufacturing, logistics and retail distribution. The company also utilizes their strategic partnerships with leading companies such as Amazon, Google, Facebook and Alibaba to further grow its business even more rapidly than ever before. It is clear that HPIL has built a solid foundation for success and wealth creation for all involved parties which makes it a compelling investment opportunity for many investors today.END

Best under $2 Communication stocks

Metatron Inc (OTCMKTS: MRNJ)

Founded in 1990, Globalstar has been a leader in the satellite voice and data communications service industry for over 25 years. They provide wireless products and services to remote areas which are either not served or poorly served by other means of communication. They also offer satellite-based machine-to-machine products and services to industries including agriculture, trucking, maritime, construction, mining, forestry, and public safety.
Global Star has been a pioneer in developing the Iridium network–a breakthrough system that provides a global network consisting of 66 low-Earth orbiting satellites. In 2001, they became one of the first companies to launch a satellite phone service with permanent Earth coverage.

With the ever-increasing use of mobile devices, the need for global satellite communication has never been greater. Since the first call was made in 1973, satellite communication has evolved into something nearly everyone uses. It’s now possible to make a call from anywhere on earth, even when you’re in the deep sea. The technology behind Globalstar satellites is what has enabled this possibility.

Satellite-based voice and data communications are the latest iterations in wireless, enabling people on the move to stay connected with family, friends, business partners, customers, and colleagues.

Globalstar’s team has decades of combined experience in satellite communications. They provide cutting-edge solutions for all your satellite needs. They can do everything from basic voice and data connectivity to nationwide cellular network back-up to global data services.

Snipp Interactive Inc. (SNIPF)

Snipp Interactive Inc. (SNIPF) is a company that develops and distributes interactive entertainment products for mobile devices. This includes games, apps, and live streaming events.

The company offers products in three different areas: the gaming industry, sports entertainment, and education. Led by CEO Scott Dibble, Snipp Interactive has seen significant growth since its inception in 2014. Based out of San Diego with offices in Los Angeles, Philadelphia, Shanghai and New York City, the company currently has a staff of 624 employees.

The company operates through the digital advertising channels in the United States and internationally. Snipp Interactive’s main products are targeted digital advertising and website personalization software, which enables its customers to optimize their advertising campaigns by creating personalized experiences for users across digital platforms.

The Company’s software effectively connects an advertiser with the audience it desires by delivering relevant messages to specific groups of users based on their interests, demographics, and web browsing history. Snipp Interactive believes that teaching through technology is what will bring us closer to achieving our goals of a universally educated society. With this goal in mind, they’re taking on the challenge of creating and releasing new products every year so that their platform can be used across ages and levels of education.

Additionally, Snipp Interactive’s software allows advertisers to target audiences on both desktop and mobile devices from a single dashboard interface.

Best under $2 Energy stocks

Tiger Oil and Energy Inc. (OTCMKTS: TGRO)

Tiger Oil and Energy Inc. (OTCMKTS: TGRO) is a company that produces a variety of different products, such as specialized fuels, additives, chemicals, resins, and lubricants.

The company was founded in 1985 and is headquartered in Lausanne, Switzerland. It has operations in over 70 countries worldwide and its shares are listed on the NASDAQ Global Market under the symbol TGRO. With the rise of renewable energy sources such as solar and wind power, many companies are beginning to use alternative fuel sources instead of oil or coal.

Tiger Oil & Energy Inc. is on the forefront of innovation with their product line which includes bio-diesel fuel blends for cars designed for all types of consumers from road cars to racing cars. With their formation of an innovative renewable technology division and their commitment to maintaining a state-of-the-art production facility, this company could be an excellent investment for those seeking quick returns on their investments.

Since its inception in 2016, this company has been steadily expanding its reach around the globe. The company’s innovative oil extraction process allows it to provide an alternative source of energy for consumers as well as oil refineries around the world. In addition, recent improvements have made Tiger Oil and Energy one of the leading providers of high-grade oils in Europe, while also developing relationships with pharmaceutical companies in order to provide nutritional supplements through their distribution network.

Denison Mines (AMEX: DNN)

Denison Mines Limited is an Australian-based company with a focus on mining and exploration. The Company was founded in 1952, and it operates in Australia, North America, and South America. Denison has a goal of becoming the world’s leading producer of uranium oxide at a low cost.

For over 60 years, Denison has been proud to be an Australian-owned mining company that employs more than 550 people across the globe. The Company strives for innovation and sustainability to create value for its customers and shareholders. It invests in sustainable projects such as power generation, solar energy, recycling initiatives, and community assistance programs.
Denison Mines Limited is committed to meeting the needs of our customers by providing high-quality products at competitive prices.

It is a Canadian mining company that has been operating in the Americas for over ninety years. Denison has a tradition of excellence and safety, with a long history of profitable development and exploration. The Company’s philosophy is to build sustainable value by responsibly exploring minerals, making wise investment decisions, and providing quality products to customers.

Denison Mines is also committed to sustainable development. We are committed to implementing best practices for environmental management and social responsibility. The Company’s goal is to be an exemplary corporate citizen by responsibly exploring for minerals while upholding safeguards for human health and safety and environmental protection.

Denison believes that responsible mining means conducting business with integrity. The Company currently has 21 mining projects, three deposits in care and maintenance, two exploration projects, and one additional project under development.
Mines currently operating include the Wheeler River Zinc Mine in British Columbia, the world’s largest producer of zinc concentrates, and the Kidd Creek mine complex in Ontario, which produces copper concentrate and zinc-copper ore.

Best under $2 Biopharmaceutical stocks

Lipocine (NASDAQ: LPCN)

Lipocine is a company that focuses on the development of new treatments for diabetes and obesity. The company is committed to developing innovative therapies for unmet medical needs. Lipocine’s mission is to apply its scientific knowledge and expertise to address these unmet medical needs in diabetes and obesity and improve the lives of patients and their families.

Lipocine operates with a transparent culture of high standards, integrity, honesty, and accountability in all aspects of its business. The company provides an environment that encourages creativity, excellence, teamwork, respect, and innovation.

Lipocine has been providing the world with premium health care products since 2010. They are committed to providing high-quality, science-based supplements to their customers.

We live in a society where it is easy to be overweight and hard to manage weight. The food industry spends billions of dollars every year to convince us that whenever we are feeling down or need comfort, all we have to do is eat. But, there are consequences for this cycle. Obesity has become the most common health problem in the United States. Obesity increases your risk of developing heart disease, stroke, diabetes, certain types of cancer, sleep difficulties, arthritis, and many other medical conditions. Lipocine’s goal is to help people live healthier lives by offering products that address many of today’s prevalent health concerns.

The company has received excellent reviews from major publications such as Shape Magazine, Prevention Magazine, Women’s Health Magazine, Men’s Fitness Magazine, and more.

Diffusion Pharmaceuticals (NASDAQ:DFFN)

Diffusion Pharmaceuticals is a pharmaceutical company that specializes in the development of medicines for chronic conditions. Founded in 2009, Diffusion Pharmaceuticals is committed to developing treatments for diabetes, cancer, and Alzheimer’s disease.
While many of Diffusion Pharmaceuticals’ medicines improve the quality of life for patients with chronic conditions, some are also used to treat these diseases. For example, Lancer™ (Ixel®) is a product developed by the company to help manage blood glucose levels in people with type 2 diabetes.

The company is a leading global biopharmaceutical company that develops, manufactures, and markets a broad range of innovative pharmaceutical products and provides contract manufacturing services to customers.

Diffusion is one of the world’s leading research and development-driven pharmaceutical companies, committed to patients and society. They have been a pioneer in biopharmaceuticals for more than thirty years and developed the patented Diffusion Drug-Eluting Stent or DDS. The DDS is a novel stent system that uses diffusion technology to reduce the incidence of restenosis in patients with coronary artery disease and lower the risk of in-stent thrombosis in patients with bifurcation lesions.

The DDS is composed of an eluting drug coating on the surface of the stent that releases potent anti-inflammatory and antiproliferative drugs during its initial deployment. Diffusion Pharmaceuticals’ current pipeline is focused on improving outcomes for patients by developing innovative therapies designed to help them recover from acute myocardial infarction (AMI) and chronic heart failure.

The company’s mission is to create a new generation of medicines that help patients regain their health. They now serve over 100 million patients across the globe in countries that include: United States, Canada, and Puerto Rico.

Complete list of stocks under $2

Basic Materials (top 50 stocks)