This story originally appeared on Best Stocks

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.

Quisitive Technology Solutions (OTCMKTS: QUISF)

Quisitive Technology Solutions provide innovative IT consulting and software development expertise. They focus on helping small- to medium-sized businesses, QTS providing solutions tailored to meet each customer’s needs. They take pride in being able to create custom solutions that are not only beneficial for your company but also user-friendly. The main goal of QTS is to help our customers grow their businesses.

Businesses are going digital at a rapid pace. From virtual office meetings to remote workforces, it’s clear that the future of work is in the cloud. It’s no secret that this means more stress on IT staff to keep up with the demands of businesses. Stress from more devices, different operating systems, and more processes leads to downtime for employees. Employees can’t be productive without a reliable connection or access to software. There are solutions for these issues which will help employees become more productive and give IT staff a break. A managed service provider can take care of most IT needs for your business so your staff can focus on what they do best: generating revenue!

From designing systems for business data centers to providing internet security software, Quisitive has the skillset to take on any tech project. They also offer remote IT support for entrepreneurs who don’t have an IT team but need IT help.
Quisitive Technology Solutions can help your business with its day-to-day technical needs, big or small.

Quisitive Technologies also specializes in the field of Smart Cities, Industrial IoT, and Future Mobility.
They offer end-to-end solutions, including designing, building, implementing, and managing projects for both public and private clients.

Best under $2 Communication stocks

Globalstar, Inc. (NYSEAMERICAN: GSAT)

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.

Liquid Media Group (NASDAQ: YVR)

The Liquid Media Group is a leading strategic media company specializing in providing high-quality digital content to the world’s most prestigious publications.
Liquid Media Group has helped redefine how brands are built, repositioned, and marketed to consumers. From print to broadcast, no other agency does it better.
Our team of experts provides creative consultancy services to some of the world’s biggest global brands. As a result, They can offer instant access to the entire international market through one single platform.

Liquid Media Group’s team is passionate about helping brands make an impact in today’s world. They include strategists, designers, developers, and marketers to create a seamless customer experience that reaches across all channels.
Whether through website design or the latest social media channel, they have the tools and know-how to help your brand connect with customers in new ways.

Digital marketing is one of the most important things for any company. After all, the internet is where people are spending more and more of their time. But what do you do when you want to be in charge of your digital marketing efforts? Whether you are an individual or a company, Liquid Media Group will provide personalized digital marketing services that fit your needs. They offer different packages depending on your needs and budget. For example, if you’re looking for just email campaigns, then we’ll only charge $175 per month. If you need social media management, that will go up to $350 per month.

Best under $2 Energy stocks

CES Energy Solutions (OTCMKTS: CESDF)

CES Energy Solutions is a one-stop shop for all of your energy needs. They’re the leading provider of renewable energies and energy efficiency solutions to commercial and industrial customers, as well as homebuilders and consumers. Their team comprises experts who will find the best solution for you, no matter what your needs are.

CES is a leading provider of integrated, sustainable energy solutions for commercial and industrial customers in Canada. CES Energy Solutions brings together a team of experts who understand that a healthy environment and a strong economy go hand-in-hand. The company provides sustainable energy services from wind, solar, biogas, and hydroelectric power projects to reduce the impact on the environment.

CES Energy Solutions has been working with organizations in Canada for more than 35 years to provide energy solutions that make sense. Their mission is to understand the importance of an organization’s sustainability goals and know what it takes to help them achieve them.

The world is changing. We can’t just rely on fossil fuels anymore, and the environment needs us to do our part. The future of energy is sustainable, renewable energy. CES Energy Solutions specializes in providing home solar systems, commercial solar power, and other types of renewable energy solutions.

CES Energy is committed to providing our clients with the most innovative and reliable energy solutions. They aim to provide our clients with the best service possible by using cutting-edge technology that is environmentally conscious. As a company, they are dedicated to being transparent in all matters which affect their clients.

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.