Here’s a bit of “investing trivia” that will grab your attention: If you look at the 50 biggest winners of the last decade, 39 of them started out as small- to mid-cap stock plays.
And quite a few of them were also low-priced (as in cheap) stocks – stocks trading at $10 a share, $5 a share … or even less.
One of my all-time favorite examples of a cheap-stock winner is a company called LendingTree Inc. (NasdaqGS:TREE) – the fintech leader that’s pretty much a household name these days. We’re talking about a company that recently sported a $3 billion market value and a stock price up around $220 a share.
Impressive stuff, right?
But there was also a time when LendingTree had a minuscule market value of $60 million – and a stock that was languishing down around $5.50 a share.
From that point to today, we’re talking about a total return of about 3,800%.
That’s a gain anyone – and I mean anyone – would be thrilled to pull down.
String a few of those 20X and 30X windfalls together … and that’s how you get rich.
The issue, of course, is that this cheap-stock-climb-to-the-peak-of-Mt.-Everest takes time to play out. And stocks, like mountain climbers, periodically stop to “rest” – meaning you’re not making any progress.
What if there was a way to get “paid” for owning that low-priced stock – so that you’re getting a steady, predictable stream of cash at every point along the journey?
That scenario not only sounds great – it’s actually doable.
Indeed, that’s the “ultimate cheap stock” – one with a super-low price, a hefty long-term upside … and an income stream attached.
That’s exactly what we have for you here today: A stock with 10-bagger potential – courtesy of the sizzling housing market – and one that will pay you to own it.