While some investors may scoff at low-dollar stocks, we believe contrarian investing opportunities can be found everywhere -- no matter the price tag. We ran a screen for stocks priced under $10 ("singles only") that are trading at least 5% higher in 2012 against a backdrop of skeptical analyst sentiment. Of the 39 names this uncovered, three that look especially primed for potential upside are Brocade Communications Systems, Inc. (NASDAQ:BRCD - 5.89), Janus Capital Group Inc. (NYSE:JNS - 8.79), and CEMEX SAB de CV (ADR) (NYSE:CX - 7.85).
Here's a look at the original findings. The "Avg. Rating" column is indicative of analysts' opinion; a rating of 1.0 means all covering analysts rate the stock a "strong buy," while 5.0 means unanimous "strong sell" ratings.
All material posted by langlui is purely my opinion and is not buy or sell recommendations. Do your DD, buy and sell based on that DD.