5 Former High-Flyer Stocks Trading Under $10 That Traders Are Pouncing On

Its Powersports segment distributes motorcycles and other powersports vehicles. The Automotive segment distributes cars and trucks. The Vehicle Logistics segment provides nationwide transportation brokerage services between dealerships and auctions. Its platform offers the ability to buy, sell, trade, and finance new and pre-owned vehicles online or in store for dealers and consumers.

While it is under the radar, some institutional investors have been loading the boat on the stock. It is reported that a stunning 34% of the shares are held by institutional accounts, as the top five shareholders hold 51% of the company and insiders hold 17%.

D.A. Davidson has set its target price at $11 target. The consensus target is $10.50, and shares traded at $6.50 on Friday.

2U

Investors are likely familiar with this top company. 2U Inc. (NASDAQ: TWOU) operates as an online education platform company in the United States and internationally. The company operates through the following two segments.

The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or graduate degree.

The Alternative Credential segment offers online open courses, executive education programs, technical, skills-based boot camps and micro-credential programs through nonprofit colleges and universities. This segment targets students seeking to reskill or upskill for career or personal development through shorter duration and lower-priced offerings. It also provides a platform that provides technology and technology-enabled services.

2U stock has a $9 target price at Needham. The consensus target is just $6.04, and shares traded on Friday at $3.05.

These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.

Originally published at 24/7 Wall St.

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