Stocks traded exceptionally low during the last few weeks. After the coronavirus outbreak grew into the pandemic, the stock market has almost constantly been in the red. Even though there were few rallies, the futures couldn’t overcome the bearish trend.
On the other hand, the market experienced the longest bullish stretch during the last 11 years before the pandemic. The shares skyrocketed so much that it was hard for investors to find something in a low price range. That changed after the infection, though.
Despite the strong tendency to sell everything for cash, the investors have a real chance to build a future portfolio now, as the majority of the stocks are trading very low. Analysts advise Zynga, ADT, and Century Casinos as a strong-buys. All three are trading under 10$ per share currently.
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Why do experts recommend these three stocks?
Zynga offers mobile games, among other products. The stock skyrocketed by more than 50% last year. It’s a good choice presently, as people are turning to mobile devices for entertainment due to the social distancing necessary to avoid coronavirus. Impressive recent growth and Zynga’s portfolio of popular games make the stock one of the best buy under $10.
ADT is a home security company. Its shares plummeted by almost 75% from their $14 offering after the massive sell-offs on the market. However, the company is presently focusing on growing areas like automation, mobile security, and the smart home, while refinancing debt at more favorable rates.
Furthermore, ADT trades for under four times the expected 2020 earnings. Experts think that this stock has good potential for future gains.
Century Casinos owns and operates casinos and racetracks in the U.S., Canada, and Poland, as well as five ship-based casinos. The sub-$50 million gaming company suffered significant losses due to the coronavirus.
However, experts are positive that if Century Casinos survives the current crisis, the stock will recover all losses. The company acquired three casinos in December, which further raises the chance of higher profits. According to the analysts, this stock has enormous potential.
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