You need to know the outstanding number of shares when discussing stock prices. Any stock, including those on the DOW, can have a $1 stock price if they split the stock enough times.
A stock selling for 80 cents with 100 million shares outstanding has the same market cap as a stock selling at $80 with 1 million shares oustanding.
You need to compare apples-to-apples, and not just disregard any stock simply because of its price.
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