![]() But here we are happy to say that this is not the case. TSLA is currently down by approximately 20% so far this year and has witnessed huge swings within its share price led on by numerous contributing factors, so much so that the EV company even took a hit in one of its biggest weekly declines by 12%.ĭespite strong volatility being the main point of reasonings as to why investors may not have considered looking into cheaper stocks, many investors may have also come to the conclusion that these smaller stocks are not likely to offer the same value or growth prospects compared to mid-large companies on the market. Take the leading electronic car company Tesla Inc (TSLA) as a prime example. But when you look at the new normal markets, all have been extremely erratic over recent months with some high-growth stocks taking huge downward turns declining significantly within a single trading day. Having said that, in normal times volatility is no stranger when it comes to the stock market. ![]() Over the course of 2021 so far stocks have been performing beautifully with the S&P 500 index being a fraction away from its all-time high of just under 1%, and currently is up over 85% from its lows in 2020. Are you on the lookout for one or two cheap stocks under $10 that are looking to show good upside potential? Then there is no need for endless searching as we have picked 9 of the best cheap stocks that look to be the best buys under $10 in 2021.
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