5 ASX Stocks Under $5
We hear it over and over from investors, "I wish I had bought Pro Medicus or Netflix when they were first recommended by the Motley Fool. I'd be sitting on a gold mine!" And it's true.
With the recent explosion in interest with the stock market, it's important to remember why we're long-term investors:
If you had invested in Pro Medicus on in March 2015, when we sent a "buy alert" at $1.48 per share, you would have seen it grow 60% per year. That's an amazing total return of 5,925%.
Or if you had invested in Netflix on 26 July 2012 when we recommended it at $US8.42 per share, you would have seen that investment grow 42% per year. A total return of 5,433%.
Those are actual investment recommendations that have been shared with The Motley Fool community over the years – of course not all our picks have done as well – Those recommendations are two of our best performers. We think you should know not every stock pick goes up… Some go down.
That's why we recommend diversifying and buying several stocks.
And while Pro Medicus and Netflix have had a good run, we think these 5 other ASX stocks are screaming buys. And you can buy them now for less than $5 a share!
You can grab a copy of "5 Stocks Under $5" for FREE for a limited time only.
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Returns as of 05 December 2023. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Netflix and Pro Medicus Ltd. The Motley Fool Australia has positions in and has recommended Pro Medicus Ltd. The Motley Fool Australia has recommended Netflix. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product.