NOTE: I’m not giving financial advice, nor am I some sort of financial expert. In fact, I recommend doing a ton of research before investing in stocks. Also, I’m not providing any in-depth analysis, info or anything of that nature.
Additionally, at the time of this writing I do not own any of the below stocks. That might change at some point in the future. For now, I don’t own any.
These cheap stocks on Robinhood are in my sight. Personally, I am taking a closer look at these five stocks.
1. NAKD (Naked Brand Group)
I’m eyeing NAKD for the rest of February. Three months ago the stock was hovering around $1.10 and it has now dropped down to $.48 per share. That’s at the time of this writing. According to Robinhood, the average price paid for this stock is $2.41. A few days ago the stock hit a 52-week low of sixty-eight cents.
Naked Brand Group describes themselves as an apparel/lifestyle company. They focus on inner-wear products for both men and women. They’ve been around since 2010 and their headquarters is in Australia.
2. IGLD (Internet Gold-Golden Lines LTD.)
Internet Gold-Golden Lines LTD was founded in 1992 and their headquarters is in Israel. They have thousands of employees, and they engage in internet services and telecommunication services. They provide various broadband and voice services.
At the time of this writing, IGLD is going around $0.76. According to Robinhood’s chart, IGLD is 13% lower now. The average price that other people have paid for IDLG on Robinhood is around $0.92 per share. Three months ago it was hovering around $2.50 per share, while a month ago it was hovering around $1.50 per share.
A few weeks ago, Market Beat published helpful information about IGLD. Feel free to check it out, if interested.
3. CLD (Cloud Peak Energy)
As of right now, CLD is selling for $0.46 per share. A week ago it was going for about six-cents less than that. The average price paid for on Robinhood is around $0.50, while its 52-week high was $4.40. Three months ago CLD was selling for around $1.25 per share.
Cloud Peak Energy has its headquarters in the state of Wyoming and it was founded back in the summer of 2008. They are involved with coal mines operations.
4. LODE (Comstock Mining)
Comstock Mining is a precious metals mining company based in America. Their headquarters is in Virginia City, Nevada. Currently LODE is going for around $0.15 per share. The average paid price paid on Robinhood is around $0.23 per share.
A few weeks ago the stock made gains of over 15% after announcing it was selling one of its properties to another company.
5. DPW (DPW Holdings)
This company focuses on providing system solutions to various markets, including the military, medical, industrial and telecom markets. DPW Holdings was founded back in 1969. Their headquarters is located in Fremont. California.
As of right now, DPW is selling at around $0.098 per share. The average price paid for on Robinhood is $0.43. I read an interesting article recently about DPW. It was on Financial Mercury, and it discussed how its trading activities should be taken a look at before buying.
Those are cheap stocks on Robinhood that I’m going to continue to keep an eye on throughout the month of February. If you decide to invest in any of the above stocks, make sure to research them, read analysis from experts and never invest money you cannot afford to lose!