Billion Dollar Stocks for Under $10
With Monday's extension of the current rally, all but one of the S&P 500 now have market caps over $1 billion. The index is up over 7% for the month so far and only MBIA , at a $680 million market cap, is far from the $1 billion marker. Of the remaining 499 companies, 32 are still trading for less than $10 per share.
E-Trade Financial held onto the number one spot as the lowest priced S&P component while Windstream Corp managed to eke out a 9 cent gain yesterday to close at $10.02 and edge itself off the list below. Citigroup is the component on the list with the highest market cap, nearly $100 billion.
S&P 500 Stocks Trading Under $10 / Shr