Billion Dollar Companies With Stocks Under $10
Twenty-one companies in the S&P 500 are trading below $10 a share and have a market-capitalization valuation between $1.5 billion and $65.7 billion.
This marks a 30 percent decrease from Oct. 19, 2011, our last update, when 30 companies traded in the single digits. Since then, however, the S&P 500 is up nearly 7 percent, while the 21 stocks on the list below have posted an average gain of 12.5 percent.
At the current levels, Sprint Nextel continues to havethe lowest share price, followed by Regions Financial and Tenet Healthcare.
As a group, the 21 lowest-priced stocks in the S&P 500 are up 6.6 percent year-to-date, compared to a 2.6 percent gain for the 30 highest-priced companies, and a 2.9 percent increase for the overall index.
Here is a look at the companies with a market cap greater than $1 billion and a share price below $10 dollars.
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