Kiplinger

5 Cheap Stocks to Buy for $20 or Less

Stocks with low share prices can be a cost-effective way for small investors to diversify their portfolios. But even after a bumpy few days, the market remains near all-time highs and is as expensive as ever, making quality cheap stocks more and more difficult to find.

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Before a rising market tide lifted almost all boats, it wasn't too tough to find stocks for less than $10 that offered an acceptable balance of risk and reward. Now, with the Dow bouncing between 25,000 and 26,000, investors should probably raise that limit to $20, just to be safe. Any stock still languishing below $10 likely often comes with an extra heap of risk

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