Hidden Gems: 5 Stocks Under $10 Ready to Shine

In the world of investing, stocks priced under $10 often get overlooked. But sometimes, these overlooked stocks can be hidden gems with great potential. Here are five stocks under $10 that could be worth a closer look.

1. Snap Inc. (Snapchat)

• Current Price: $7.60
• Potential Upside: ~50%
• Why? Despite recent struggles, Snap has a growing user base and innovative revenue streams. Analysts believe it's significantly undervalued.

2. Melco Resorts & Entertainment

• Current Price: $8.19
• Potential Upside: ~41%
• Why? Operating luxury casinos in Macau and the Philippines, Melco has faced regulatory and tourism challenges. However, with China's reopening, the outlook is improving.

3. Bausch Health Companies

• Current Price: $6.61
• Potential Upside: ~20%
• Why? This pharmaceutical company has a diverse portfolio focusing on eye care, dermatology, and gastroenterology. Despite a troubled past, it's making a comeback.

4. Wendy's

• Current Price: $8.51
• Potential Upside: ~16%
• Why? The fast-food chain is expanding stores and focusing on digital sales. Analysts see significant growth potential.

5. JetBlue Airways

• Current Price: $4.13
• Potential Upside: ~33%
• Why? Despite high fuel costs and labor disputes, JetBlue is introducing new routes and cutting costs. The future looks promising.

These stocks are all trading under $10 but have substantial potential. They're not broken companies, just ones facing temporary challenges. With patience, they could be worth a lot more in the future.