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.
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