Cast Your Line in the Low-Priced Lake
The low-priced stock meme is circulating, so let's take a closer look at recent results for this intriguing idea. In a post from last July I found that, on average, the lowest-priced stocks regularly outperformed the highest-priced names. The results surprised me, because I started out trying to prove that the highest-priced stocks were the most attractive, since high-growth stocks are all trying to be like Buffett's Berkshire-Hathaway (BRK.A) and avoid splitting.
So what have you done for me lately? Or, more formally, how have low-priced stocks done since that post? The answer, it turns out, is "not too bad." The table below shows stock performance over the last six months, grouped by price....245 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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