Many investors prefer to invest in lower-priced stocks (especially those priced below $15) because they believe that the potential upside can be much greater than with higher-priced stocks. Moreover, for investors with modest portfolios, it is significantly cheaper to build a large position in lower-priced stocks. Would it surprise you, then, to find out that billionaire George Soros has invested a significant portion of his portfolio in stocks priced less than $15?
James Altucher of Stockpickr.com recently did a bit of financial sleuthing and found that George Soros has invested in nearly a dozen stocks currently trading for less than $15 -- including a few stocks that have been favorites of day traders. The stocks favored by Soros include names like Level 3 Communications (ticker: LVLT), JetBlue (ticker: JBLU), Wind River Systems (ticker: WIND) and Marvell Technology (tickr: MRVL). For a full list of the $15 and under stocks, check out the George Soros portfolio on Stockpickr.com.
What are some other stocks trading for less than $15 that are favorites with the TradeKing community?
DISCLAIMER: Please note that the stocks mentioned above are for illustration purposes only and do not represent any endorsement on the part of TradeKing to buy or sell. Investing in these stocks may not be appropriate for all investors. Depending on your risk/reward profile, these stocks may not be suitable for your portfolio. Consider, for example, that one of the stocks in the George Soros portfolio is Countrywide Financial.
[image: George Soros]
