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Calculated Shard: 197 (from laksa166)

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curl -X POST \
  'http://laksa197.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.investors.com/research/cheap-stocks-to-buy/\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.investors.com/research/cheap-stocks-to-buy/\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.investors.com\/research\/cheap-stocks-to-buy\/","crawl_time":1776673216,"first_indexed_time":1626805550,"http_code":200,"src_unparsed":"com,investors!www,\/research\/cheap-stocks-to-buy\/ s443","src_root_hash":"17990081044072801197","history_drop_reason":null,"meta_title":"Cheap Stocks To Buy And Watch: Silvercorp Tries To Steady Itself As This Aerospace Firm Plunges On Earnings| Investor's Business Daily","meta_descriptions":["When it comes to cheap stocks to buy, you'll likely have more success when you screen for good fundamentals, technicals and fund sponsorship."],"attrs_boilerpipe_text":"Bull market or bear market? Regardless of\nwhat stage of the stock market cycle we're in\n, some folks never tire of searching for cheap stocks to buy.\n↑\nX\nNOW PLAYING\n450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation\nAfter all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from $1 to $3 a share, or quintuples from 50 cents to $2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few.\nCheap Stocks To Buy: The Challenges\nHundreds of equities trade at a \"low\" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks.\nImagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price.\nThird, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at $20, $40 or $80 a share before they\nbreak out of a bullish pattern\n, then go on mind-blowing rallies.\nAnother cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time.\nSo, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a\ntrue market leader such as names that enter IBD Leaderboard\nas well as the\nIBD 50\n,\nIBD Sector Leaders\n,\nLong-Term Leaders\n, and\nIBD Big Cap 20\n. These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing.\nThis Magnificent Seven Name Is A Buy Now; Here's Why\nHow To Screen For Great Cheap Stocks To Buy\nIBD Stock Screener\nfilters cheap stocks that trade at $10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners.\nKeep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage.\nNever forget the No. 1 rule of investing:\nkeep losses under control\n.\nCheck Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros\nSilvercorp Delivers New Entry Point\nSilvercorp Metals\n(\nSVM\n), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated.\nOn Thursday, amid a small gain in silver futures to $30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level.\nSilvercorp's latest base showed\nelements of a double bottom\nwith a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the\n5% buy zone\nfrom 3.91 up to 4.11, but that's no longer the case.\nThe gain from this 3.91 buy point briefly exceeded\nthe 20%-25% profit zone\n. Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio.\nThis column had suggested watching for a potential new entry, such as a base-on-base pattern or a\nnormal pullback to the 10-week moving average\n.\nOn Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91.\nSo, at this point, SVM has triggered a pair of key sell rules — a\nbig break of the 10-week moving average\nand a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small.\nOn Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of $68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp.\nAfter an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule:\ncut losses short\n. However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4.\nThe Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to $72.2 million. \nAccording to MarketSurge\n, analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to $71.3 million and up 32% again in Q4 to $77.1 million. Sales over the past four quarters topped $226 million. Silvercorp also earned 27 cents a share over that four-quarter span.\nHere are the key IBD ratings for SVM:\nComposite Rating\n: 81 on a scale of 1 to 99, down from 97\nEarnings Per Share Rating\n: 84 on a scale of 1 to 99\nRelative Strength Rating\n: 88 on a scale of 1 to 99, down from 95\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nCheap Stocks To Buy And Watch: New Entry In Aerospace Firm\nCPI Aerostructures\n(\nCVU\n), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off.\nBut on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to $19.4 million. CPI's sales have increased just once in the past three quarters.\nThis column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten\nwell extended past the 5% buy zone\n. For now, the 3.50 price level continues to act as a ceiling of resistance.\nBut with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11.\nCPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S&P 500 in recent weeks. Also, the\nrelative strength line\nbreached its April peak; that signals unusual strength.\nOne could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70.\nThe Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to $20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at\nParker Hannifin\n(\nPH\n), where she directed the global supply chain for 11 divisions.\nAccording to MarketSurge\n, there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of $20.4 million.\nRecently, CVU showed a very bullish 2.8 up\/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up\/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this\nInvestor's Corner for more on the up\/down volume ratio\n.\nHere are the key IBD ratings for CVU:\nComposite Rating\n: 90 on a scale of 1 to 99, up from 87\nEarnings Per Share Rating\n: 85 on a scale of 1 to 99\nRelative Strength Rating\n: 81 on a scale of 1 to 99, down from 85.\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nCheap Stocks Under $10: Finnish Giant\nNokia\n(\nNOK\n), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly $27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry.\nWireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact.\nShares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the\n5% buy zone\nfrom 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry.\nAt this point, it makes sense to keep watching Nokia and waiting for the sell-off to end.\nIn general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the\nproper buy point\nor even a few points below it.\nOn Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer.\nAccording to MarketSurge\n, Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents.\nTrailing four-quarter sales totaled $20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters.\nHere are the key proprietary IBD ratings for NOK:\nComposite Rating\n: 76 on a scale of 1 to 99\nEarnings Per Share Rating\n: 73 on a scale of 1 to 99\nRelative Strength Rating\n: 75 on a scale of 1 to 99, down from 90\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nIBD's Long-Term Leaders: How They Differ From Cheap Stocks\nCheap Stocks To Buy: Canadian Silver Miner Tested\nFortuna Mining\n(\nFSM\n) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again.\nHeavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point.\nOn Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average.\nAt this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column.\nFortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to $275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%.\nOn an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%.\nFortuna has a market cap of $1.47 billion and 306 million shares outstanding.\nHere are the key IBD ratings for Fortuna Mining:\nComposite Rating\n: 78 on a scale of 1 to 99\nEarnings Per Share Rating\n: 95 on a scale of 1 to 99\nRelative Strength Rating\n: 75 on a scale of 1 to 99\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nCrexendo Leads After It Returns To The Screen\nCrexendo\n(\nCXDO\n) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks.\nEarnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to $15.6 million.\nAt this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01.\nLooking at a daily chart, one could draw a trendline from the August peak of 5.45. The\ntrendline offers an entry point\nnear 4.65.\nThe stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker.\nCrexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of $144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price.\nThe provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters.\nHere are the key IBD ratings for CXDO:\nComposite Rating\n: 81 on a scale of 1 to 99, down from 97\nEarnings Per Share Rating\n: 66 on a scale of 1 to 99, plunging from 95 after Q3 results\nRelative Strength Rating\n: 88 on a scale of 1 to 99\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nWhich Way Is The Stock Market Headed? Read This Column Every Trading Day\nLogistics Play\nReitar Logtech\n(\nRITR\n) debuted on the Nasdaq on Aug. 23 at $4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87.\nIn recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO.\nAs seen on a MarketSurge daily chart, Reitar has also reclaimed the\n21-day exponential moving average\n, a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress.\nThe Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance.\nIn general, favor companies that are part of a top 40 industry group. See\nData Tables for the latest 197 industry group rankings\n.\nThe Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. \nBased on MarketSurge data\n, the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to $22.8 million. Reitar has 62 million shares outstanding and a current market value of $338 million.\nDespite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis.\nHere are the key IBD ratings for RITR:\nComposite Rating\n: 90 on a scale of 1 to 99\nEarnings Per Share Rating\n: 94 on a scale of 1 to 99\nRelative Strength Rating\n: 93 on a scale of 1 to 99, down from 98\nKeep track of changes in these and other ratings via\nIBD Stock Checkup\n.\nTop Growth Stocks: What's Hot In The IBD 50 Now?\nCheap Stocks To Buy: How To Spot The Buy Point\nIBD's buy rules traditionally used to add a dime above, say, the handle in a\ncup with handle\n, or the left-side peak of a\nflat base\n. Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns.\nDecades ago, William O'Neil,\nfounder and longtime chairman of IBD\n, preferred to add 1\/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1\/2, 1\/4, 1\/8, 1\/16, even 1\/32nds of a dollar.\nA special IBD buy rule,\nthe 5% buy zone\ncovers the ideal price range in which to\nbuy a breakout\n. Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch.\nAnother potential entry point, but still a long ways away? A test of support at the stock's rising\n10-week moving average\n.\nAlso, keep an eye on\nIBD's current outlook for stocks\n. The best time to buy growth companies: only when the outlook shows a confirmed uptrend.\nWant To Find The Best Cheap Stocks? Check Out IBD Stock Screener\nThe Golden Rule\nFinally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a\nproper buy point\nand the stock breaks expectations,\ncutting losses short\nto protect your hard-earned capital allows you to invest in a more promising growth company.\nNo matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even.\nIt's very hard to spot stocks that double in price —even among cheap stocks to buy.\nPlease follow Chung on Twitter:\n@saitochung\nand\n@IBD_DChung\nYOU MIGHT ALSO LIKE:\nThis Could Be Your No. 1 Sell Rule\nIBD's Long-Term Leaders\nTrade With Success: The Latest Inside Investor's Corner","attrs_markdown":"![](https:\/\/www.queryly.com\/images\/whitesearchicon.png)\n\n- [Market Trend](https:\/\/research.investors.com\/markettrend.aspx)\n  - [Market Trend](https:\/\/research.investors.com\/markettrend.aspx)\n    - [The Big Picture](https:\/\/www.investors.com\/category\/market-trend\/the-big-picture\/)\n    - [Stock Market Data](https:\/\/www.investors.com\/research\/stock-market-data-dow-jones-sp-500-nasdaq-spdr-etfs\/)\n    - [Stock Market Today](https:\/\/www.investors.com\/news\/stock-market-today-stock-market-news\/)\n    - [New? 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Regardless of [what stage of the stock market cycle we're in](https:\/\/research.investors.com\/markettrend.aspx), some folks never tire of searching for cheap stocks to buy.\n\n↑ X\n\n[450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation](https:\/\/www.investors.com\/ibd-videos\/videos\/this-450-william-oneil-winner-profited-off-one-of-the-20th-centurys-most-significant-inventions-the-pill)\n\n[See All Videos](https:\/\/www.investors.com\/ibd-videos)\n\nNOW PLAYING 450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation\n\nAfter all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from \\$1 to \\$3 a share, or quintuples from 50 cents to \\$2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few.\n\n## Cheap Stocks To Buy: The Challenges\nHundreds of equities trade at a \"low\" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks.\n\nImagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price.\n\nThird, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at \\$20, \\$40 or \\$80 a share before they [break out of a bullish pattern](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/netflix-stock-chart-pattern\/), then go on mind-blowing rallies.\n\nAnother cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time.\n\nSo, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a [true market leader such as names that enter IBD Leaderboard](https:\/\/leaderboard.investors.com\/#\/ibd50\/full) as well as the [IBD 50](https:\/\/leaderboard.investors.com\/#\/ibd50\/full), [IBD Sector Leaders](https:\/\/research.investors.com\/stock-lists\/sector-leaders), [Long-Term Leaders](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/), and [IBD Big Cap 20](https:\/\/research.investors.com\/stock-lists\/big-cap-20\/). These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing.\n***\n[**This Magnificent Seven Name Is A Buy Now; Here's Why**](https:\/\/www.investors.com\/research\/microsoft-msft-stock-buy-now\/)\n***\n## How To Screen For Great Cheap Stocks To Buy\n[IBD Stock Screener](https:\/\/ibdstockscreener.investors.com\/) filters cheap stocks that trade at \\$10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners.\n\nKeep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage.\n\nNever forget the No. 1 rule of investing: [keep losses under control](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short\/).\n***\n[**Check Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros**](https:\/\/shop.investors.com\/offer\/splashresponsive.aspx?id=IBD-Live)\n***\n## Silvercorp Delivers New Entry Point\n**Silvercorp Metals** ([SVM](https:\/\/research.investors.com\/quote.aspx?symbol=SVM)), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated.\n\nOn Thursday, amid a small gain in silver futures to \\$30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level.\n\nSilvercorp's latest base showed [elements of a double bottom](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-buy-growth-stocks-why-double-bottom-base-fuels-strong-breakouts\/) with a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the [5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/buy-zone-nvidia-stock\/) from 3.91 up to 4.11, but that's no longer the case.\n\nThe gain from this 3.91 buy point briefly exceeded [the 20%-25% profit zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-build-long-term-profits-in-stocks-take-many-gains-at-20-25\/). Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio.\n\nThis column had suggested watching for a potential new entry, such as a base-on-base pattern or a [normal pullback to the 10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points\/).\n\nOn Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91.\n\nSo, at this point, SVM has triggered a pair of key sell rules — a [big break of the 10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-to-sell-growth-stocks-number-1-rule\/) and a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small.\n\nOn Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of \\$68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp.\n\nAfter an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule: [cut losses short](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/sell-a-stock-cutting-losses-short-is-first-rule\/). However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4.\n\nThe Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to \\$72.2 million. [According to MarketSurge](https:\/\/marketsurge.investors.com\/), analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to \\$71.3 million and up 32% again in Q4 to \\$77.1 million. Sales over the past four quarters topped \\$226 million. Silvercorp also earned 27 cents a share over that four-quarter span.\n\nHere are the key IBD ratings for SVM:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 81 on a scale of 1 to 99, down from 97\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 84 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 88 on a scale of 1 to 99, down from 95\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Cheap Stocks To Buy And Watch: New Entry In Aerospace Firm\n**CPI Aerostructures** ([CVU](https:\/\/research.investors.com\/quote.aspx?symbol=CVU)), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off.\n\nBut on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to \\$19.4 million. CPI's sales have increased just once in the past three quarters.\n\nThis column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten [well extended past the 5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot\/). For now, the 3.50 price level continues to act as a ceiling of resistance.\n\nBut with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11.\n\nCPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S\\&P 500 in recent weeks. Also, the [relative strength line](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/relative-strength-line-is-a-simple-yet-effective-stock-indicator\/) breached its April peak; that signals unusual strength.\n\nOne could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70.\n\nThe Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to \\$20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at **Parker Hannifin** ([PH](https:\/\/research.investors.com\/quote.aspx?symbol=PH)), where she directed the global supply chain for 11 divisions.\n\n[According to MarketSurge](https:\/\/marketsurge.investors.com\/?src=A012BF), there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of \\$20.4 million.\n\nRecently, CVU showed a very bullish 2.8 up\/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up\/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this [Investor's Corner for more on the up\/down volume ratio](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/top-stocks-under-accumulation-use-the-up-down-volume-ratio-to-find-the-best-prospects\/).\n\nHere are the key IBD ratings for CVU:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 90 on a scale of 1 to 99, up from 87\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 85 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 81 on a scale of 1 to 99, down from 85.\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Cheap Stocks Under \\$10: Finnish Giant\n**Nokia** ([NOK](https:\/\/research.investors.com\/quote.aspx?symbol=NOK)), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly \\$27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry.\n\nWireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact.\n\nShares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the [5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot\/) from 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry.\n\nAt this point, it makes sense to keep watching Nokia and waiting for the sell-off to end.\n\nIn general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the [proper buy point](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/apple-stock-set-up-proper-buy-point-before-big-rally\/) or even a few points below it.\n\nOn Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer.\n\n[According to MarketSurge](https:\/\/marketsurge.investors.com\/?src=A012BF), Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents.\n\nTrailing four-quarter sales totaled \\$20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters.\n\nHere are the key proprietary IBD ratings for NOK:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 76 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 73 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 75 on a scale of 1 to 99, down from 90\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n[**IBD's Long-Term Leaders: How They Differ From Cheap Stocks**](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/)\n***\n## Cheap Stocks To Buy: Canadian Silver Miner Tested\n**Fortuna Mining** ([FSM](https:\/\/research.investors.com\/quote.aspx?symbol=FSM)) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again.\n\nHeavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point.\n\nOn Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average.\n\nAt this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column.\n\nFortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to \\$275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%.\n\nOn an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%.\n\nFortuna has a market cap of \\$1.47 billion and 306 million shares outstanding.\n\nHere are the key IBD ratings for Fortuna Mining:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 78 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 95 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 75 on a scale of 1 to 99\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Crexendo Leads After It Returns To The Screen\n**Crexendo** ([CXDO](https:\/\/research.investors.com\/quote.aspx?symbol=CXDO)) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks.\n\nEarnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to \\$15.6 million.\n\nAt this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01.\n\nLooking at a daily chart, one could draw a trendline from the August peak of 5.45. The [trendline offers an entry point](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-draw-trendlines-and-find-lower-buy-points-in-stock-charts\/) near 4.65.\n\nThe stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker.\n\nCrexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of \\$144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price.\n\nThe provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters.\n\nHere are the key IBD ratings for CXDO:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 81 on a scale of 1 to 99, down from 97\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 66 on a scale of 1 to 99, plunging from 95 after Q3 results\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 88 on a scale of 1 to 99\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n[**Which Way Is The Stock Market Headed? Read This Column Every Trading Day**](https:\/\/www.investors.com\/category\/market-trend\/the-big-picture\/)\n***\n## Logistics Play\n**Reitar Logtech** ([RITR](https:\/\/research.investors.com\/quote.aspx?symbol=RITR)) debuted on the Nasdaq on Aug. 23 at \\$4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87.\n\nIn recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO.\n\nAs seen on a MarketSurge daily chart, Reitar has also reclaimed the [21-day exponential moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-the-21-day-exponential-moving-average\/), a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress.\n\nThe Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance.\n\nIn general, favor companies that are part of a top 40 industry group. See [Data Tables for the latest 197 industry group rankings](https:\/\/www.investors.com\/ibd-data-tables\/).\n\nThe Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. [Based on MarketSurge data](https:\/\/marketsurge.investors.com\/?src=A012BF), the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to \\$22.8 million. Reitar has 62 million shares outstanding and a current market value of \\$338 million.\n\nDespite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis.\n\nHere are the key IBD ratings for RITR:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 90 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 94 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 93 on a scale of 1 to 99, down from 98\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n**[Top Growth Stocks: What's Hot In The IBD 50 Now?](https:\/\/www.investors.com\/research\/ibd-50-growth-stocks-to-watch\/)**\n***\n## Cheap Stocks To Buy: How To Spot The Buy Point\nIBD's buy rules traditionally used to add a dime above, say, the handle in a [cup with handle](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/the-basics-how-to-analyze-a-stocks-cup-with-handle\/), or the left-side peak of a [flat base](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-a-flat-base-skechers-stock-skx\/). Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns.\n\nDecades ago, William O'Neil, [founder and longtime chairman of IBD](https:\/\/www.investors.com\/news\/management\/leaders-and-success\/bill-oneil-ibd-founder-and-stock-investor-success-tips\/), preferred to add 1\/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1\/2, 1\/4, 1\/8, 1\/16, even 1\/32nds of a dollar.\n\nA special IBD buy rule, [the 5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/buy-zone-nvidia-stock\/) covers the ideal price range in which to [buy a breakout](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-stock-breakout\/). Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch.\n\nAnother potential entry point, but still a long ways away? A test of support at the stock's rising [10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points\/).\n\nAlso, keep an eye on [IBD's current outlook for stocks](https:\/\/research.investors.com\/markettrend.aspx). The best time to buy growth companies: only when the outlook shows a confirmed uptrend.\n***\n[**Want To Find The Best Cheap Stocks? Check Out IBD Stock Screener**](https:\/\/ibdstockscreener.investors.com\/)\n***\n## The Golden Rule\nFinally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a [proper buy point](http:\/\/www.investors.com\/how-to-invest\/investors-corner\/chart-reading-basics-how-a-buy-point-marks-a-time-of-opportunity\/) and the stock breaks expectations, [cutting losses short](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short\/) to protect your hard-earned capital allows you to invest in a more promising growth company.\n\nNo matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even.\n\nIt's very hard to spot stocks that double in price —even among cheap stocks to buy.\n\n*Please follow Chung on Twitter: [@saitochung](https:\/\/twitter.com\/SaitoChung) and [@IBD\\_DChung](https:\/\/twitter.com\/IBD_DChung)*\n\n**YOU MIGHT ALSO LIKE:**\n\n[This Could Be Your No. 1 Sell Rule](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-to-sell-growth-stocks-number-1-rule\/)\n\n[IBD's Long-Term Leaders](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/)\n\n[Trade With Success: The Latest Inside Investor's Corner](https:\/\/www.investors.com\/category\/how-to-invest\/investors-corner\/)\n\n## Related news\n[![Nokia stock](https:\/\/www.investors.com\/wp-content\/uploads\/2021\/07\/Stock-nokia-03-adobe-640x360.jpg)](https:\/\/www.investors.com\/how-to-invest\/nokia-nok-stock-americas-greatest-opportunities\/)\n\n[Nokia Stock: How To Find & Own America's Greatest Opportunities](https:\/\/www.investors.com\/how-to-invest\/nokia-nok-stock-americas-greatest-opportunities\/)\n\n12\/23\/2025 Nokia, once the world leader in mobile phone sales, saw its stock advance nearly 10 times in 24 months during...\n\n12\/23\/2025 Nokia, once the world leader in mobile phone sales, saw...\n\n- ##### [These Gold, Copper And Fintech Stocks Hit Relative Highs And Sit In Buy Zones](https:\/\/www.investors.com\/research\/gold-stock-copper-mining-ero-fsm-enva\/)\n- ##### [Walmart Stock Hits Record High On Black Friday, Along With Analog Devices And A Metals Miner](https:\/\/www.investors.com\/stock-lists\/new-highs\/walmart-stock-hits-record-high-on-black-friday-along-with-analog-devices-and-a-metals-miner\/)\n- ##### [Ascend Communications: How To Find & Own America's Greatest Opportunities](https:\/\/www.investors.com\/how-to-invest\/tech-stock-ascend-communications-americas-greatest-opportunities\/)\n- ##### [Newbridge Networks: How To Find & Own America's Greatest Opportunities](https:\/\/www.investors.com\/how-to-invest\/tech-stock-william-oneil-column-newbridge-networks-americas-greatest-opportunities\/)\n- ##### [Nokia Stock Pops As 5G Wireless Gear Maker Expects To Raise Outlook](https:\/\/www.investors.com\/news\/technology\/nokia-stock-pops-as-5g-wireless-gear-maker-expects-to-raise-outlook\/)\n- ##### [Clampdown On GameStop Stock, Other Reddit Short-Busters Sparks Double-Standard Cries](https:\/\/www.investors.com\/news\/gamestop-stock-reddit-short-busting-curbs-spark-double-standard-cries\/)\n- ##### [What Is An ADR? What Are The Best ADR Stocks, Foreign Stocks To Buy And Watch?](https:\/\/www.investors.com\/research\/what-is-adr-stocks-foreign-stocks\/)\n- ##### [Microsoft, Facebook Data Center Upgrades Could Boost Arista Stock, Cisco](https:\/\/www.investors.com\/news\/technology\/arista-stock-cisco-stock-400g-upgrade-cycle\/)\n\n### Today's Spotlight\n[99-Hour IBD Live Flash Sale Get real-time market insights from IBD’s experts––try 3 months of IBD Live for only \\$9.95.](https:\/\/get.investors.com\/ibd-live\/flash-sale\/?src=A00392&trackingCode=aa70d7d4&utm_source=i.com&utm_medium=CPS&utm_campaign=99+HOUR+FLASH+SALE&utm_id=99HFS041526)\n\n[Join MarketDiem for \\$20\/Year Simple, quick, actionable. Invest like a pro with IBD’s MarketDiem newsletter for only \\$20\/year\\!](https:\/\/get.investors.com\/marketdiem\/?src=A00392&trackingCode=aa70d7d4&utm_source=i.com&utm_medium=CPS&utm_campaign=EVERGREEN&utm_id=EG030425&utm_content=MD)\n\n[Free Investing Podcast Listen to IBD’s podcast for new investing tips and trade ideas every week! Subscribe today.](https:\/\/get.investors.com\/podcast\/?intcode=cpspt%7Ccms%7CIBDPodcast%7C2022%7C02%7Cinvpdcst%7Cna%7C%7C350093&src=A00392)\n\n### More News\n- [![Air Taxi](https:\/\/www.investors.com\/wp-content\/uploads\/2026\/04\/A1MAIN_airtaxi_042026-200x112.jpg) Federal regulators' eVTOL Integration Pilot Program throws the battery-powered aircraft industry a lifeline and could speed the arrival of air taxis. (© Dave Cutler) Get Ready: Consumer Air Travel Is About To Change](https:\/\/www.investors.com\/news\/evtol-electric-aircraft-joby-aviation-archer-beta-technologies\/ \"Get Ready: Consumer Air Travel Is About To Change\")\n- [![the missile launcher model and map on Middle east, include Israel and Iran boundary](https:\/\/www.investors.com\/wp-content\/uploads\/2026\/04\/stock-missile-launch-adobe-200x112.jpg) The Iran War Went Pretty Much As History Predicted For Stock Market. What's Next?](https:\/\/www.investors.com\/news\/iran-war-stock-market-energy-stocks\/ \"The Iran War Went Pretty Much As History Predicted For Stock Market. 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The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors\/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our [Terms of Use](https:\/\/www.investors.com\/home\/investors-business-daily-inc-terms-of-use\/).\n\n\\*Real-time prices by Nasdaq Last Sale. Real-time quote and\/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet.\n\nIBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC.\n\n©2026 Investor’s Business Daily, LLC. All Rights Reserved.\n\n[search by queryly](https:\/\/www.queryly.com\/)\n\n[Advanced Search]()\n\n![close](https:\/\/www.queryly.com\/images\/whitecloseicon.png)\n\n✓\n\nThanks for sharing\\!\n\n[AddToAny](https:\/\/www.addtoany.com\/ \"Share Buttons\")","attrs_readable_markdown":"Bull market or bear market? Regardless of [what stage of the stock market cycle we're in](https:\/\/research.investors.com\/markettrend.aspx), some folks never tire of searching for cheap stocks to buy.\n\n↑ X      NOW PLAYING 450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation\n\nAfter all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from \\$1 to \\$3 a share, or quintuples from 50 cents to \\$2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few.\n\n## Cheap Stocks To Buy: The Challenges\nHundreds of equities trade at a \"low\" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks.\n\nImagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price.\n\nThird, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at \\$20, \\$40 or \\$80 a share before they [break out of a bullish pattern](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/netflix-stock-chart-pattern\/), then go on mind-blowing rallies.\n\nAnother cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time.\n\nSo, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a [true market leader such as names that enter IBD Leaderboard](https:\/\/leaderboard.investors.com\/#\/ibd50\/full) as well as the [IBD 50](https:\/\/leaderboard.investors.com\/#\/ibd50\/full), [IBD Sector Leaders](https:\/\/research.investors.com\/stock-lists\/sector-leaders), [Long-Term Leaders](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/), and [IBD Big Cap 20](https:\/\/research.investors.com\/stock-lists\/big-cap-20\/). These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing.\n***\n[**This Magnificent Seven Name Is A Buy Now; Here's Why**](https:\/\/www.investors.com\/research\/microsoft-msft-stock-buy-now\/)\n***\n## How To Screen For Great Cheap Stocks To Buy\n[IBD Stock Screener](https:\/\/ibdstockscreener.investors.com\/) filters cheap stocks that trade at \\$10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners.\n\nKeep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage.\n\nNever forget the No. 1 rule of investing: [keep losses under control](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short\/).\n***\n[**Check Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros**](https:\/\/shop.investors.com\/offer\/splashresponsive.aspx?id=IBD-Live)\n***\n## Silvercorp Delivers New Entry Point\n**Silvercorp Metals** ([SVM](https:\/\/research.investors.com\/quote.aspx?symbol=SVM)), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated.\n\nOn Thursday, amid a small gain in silver futures to \\$30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level.\n\nSilvercorp's latest base showed [elements of a double bottom](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-buy-growth-stocks-why-double-bottom-base-fuels-strong-breakouts\/) with a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the [5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/buy-zone-nvidia-stock\/) from 3.91 up to 4.11, but that's no longer the case.\n\nThe gain from this 3.91 buy point briefly exceeded [the 20%-25% profit zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-build-long-term-profits-in-stocks-take-many-gains-at-20-25\/). Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio.\n\nThis column had suggested watching for a potential new entry, such as a base-on-base pattern or a [normal pullback to the 10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points\/).\n\nOn Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91.\n\nSo, at this point, SVM has triggered a pair of key sell rules — a [big break of the 10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-to-sell-growth-stocks-number-1-rule\/) and a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small.\n\nOn Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of \\$68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp.\n\nAfter an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule: [cut losses short](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/sell-a-stock-cutting-losses-short-is-first-rule\/). However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4.\n\nThe Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to \\$72.2 million. [According to MarketSurge](https:\/\/marketsurge.investors.com\/), analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to \\$71.3 million and up 32% again in Q4 to \\$77.1 million. Sales over the past four quarters topped \\$226 million. Silvercorp also earned 27 cents a share over that four-quarter span.\n\nHere are the key IBD ratings for SVM:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 81 on a scale of 1 to 99, down from 97\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 84 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 88 on a scale of 1 to 99, down from 95\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Cheap Stocks To Buy And Watch: New Entry In Aerospace Firm\n**CPI Aerostructures** ([CVU](https:\/\/research.investors.com\/quote.aspx?symbol=CVU)), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off.\n\nBut on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to \\$19.4 million. CPI's sales have increased just once in the past three quarters.\n\nThis column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten [well extended past the 5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot\/). For now, the 3.50 price level continues to act as a ceiling of resistance.\n\nBut with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11.\n\nCPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S\\&P 500 in recent weeks. Also, the [relative strength line](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/relative-strength-line-is-a-simple-yet-effective-stock-indicator\/) breached its April peak; that signals unusual strength.\n\nOne could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70.\n\nThe Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to \\$20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at **Parker Hannifin** ([PH](https:\/\/research.investors.com\/quote.aspx?symbol=PH)), where she directed the global supply chain for 11 divisions.\n\n[According to MarketSurge](https:\/\/marketsurge.investors.com\/?src=A012BF), there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of \\$20.4 million.\n\nRecently, CVU showed a very bullish 2.8 up\/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up\/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this [Investor's Corner for more on the up\/down volume ratio](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/top-stocks-under-accumulation-use-the-up-down-volume-ratio-to-find-the-best-prospects\/).\n\nHere are the key IBD ratings for CVU:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 90 on a scale of 1 to 99, up from 87\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 85 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 81 on a scale of 1 to 99, down from 85.\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Cheap Stocks Under \\$10: Finnish Giant\n**Nokia** ([NOK](https:\/\/research.investors.com\/quote.aspx?symbol=NOK)), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly \\$27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry.\n\nWireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact.\n\nShares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the [5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot\/) from 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry.\n\nAt this point, it makes sense to keep watching Nokia and waiting for the sell-off to end.\n\nIn general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the [proper buy point](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/apple-stock-set-up-proper-buy-point-before-big-rally\/) or even a few points below it.\n\nOn Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer.\n\n[According to MarketSurge](https:\/\/marketsurge.investors.com\/?src=A012BF), Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents.\n\nTrailing four-quarter sales totaled \\$20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters.\n\nHere are the key proprietary IBD ratings for NOK:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 76 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 73 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 75 on a scale of 1 to 99, down from 90\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n[**IBD's Long-Term Leaders: How They Differ From Cheap Stocks**](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/)\n***\n## Cheap Stocks To Buy: Canadian Silver Miner Tested\n**Fortuna Mining** ([FSM](https:\/\/research.investors.com\/quote.aspx?symbol=FSM)) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again.\n\nHeavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point.\n\nOn Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average.\n\nAt this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column.\n\nFortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to \\$275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%.\n\nOn an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%.\n\nFortuna has a market cap of \\$1.47 billion and 306 million shares outstanding.\n\nHere are the key IBD ratings for Fortuna Mining:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 78 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 95 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 75 on a scale of 1 to 99\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n\n## Crexendo Leads After It Returns To The Screen\n**Crexendo** ([CXDO](https:\/\/research.investors.com\/quote.aspx?symbol=CXDO)) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks.\n\nEarnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to \\$15.6 million.\n\nAt this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01.\n\nLooking at a daily chart, one could draw a trendline from the August peak of 5.45. The [trendline offers an entry point](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-draw-trendlines-and-find-lower-buy-points-in-stock-charts\/) near 4.65.\n\nThe stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker.\n\nCrexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of \\$144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price.\n\nThe provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters.\n\nHere are the key IBD ratings for CXDO:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 81 on a scale of 1 to 99, down from 97\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 66 on a scale of 1 to 99, plunging from 95 after Q3 results\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 88 on a scale of 1 to 99\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n[**Which Way Is The Stock Market Headed? Read This Column Every Trading Day**](https:\/\/www.investors.com\/category\/market-trend\/the-big-picture\/)\n***\n## Logistics Play\n**Reitar Logtech** ([RITR](https:\/\/research.investors.com\/quote.aspx?symbol=RITR)) debuted on the Nasdaq on Aug. 23 at \\$4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87.\n\nIn recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO.\n\nAs seen on a MarketSurge daily chart, Reitar has also reclaimed the [21-day exponential moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-the-21-day-exponential-moving-average\/), a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress.\n\nThe Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance.\n\nIn general, favor companies that are part of a top 40 industry group. See [Data Tables for the latest 197 industry group rankings](https:\/\/www.investors.com\/ibd-data-tables\/).\n\nThe Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. [Based on MarketSurge data](https:\/\/marketsurge.investors.com\/?src=A012BF), the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to \\$22.8 million. Reitar has 62 million shares outstanding and a current market value of \\$338 million.\n\nDespite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis.\n\nHere are the key IBD ratings for RITR:\n\n[Composite Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-research-growth-stocks\/): 90 on a scale of 1 to 99\n\n[Earnings Per Share Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/eps-rating-is-key-to-picking-great-stocks\/): 94 on a scale of 1 to 99\n\n[Relative Strength Rating](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-relative-strength\/): 93 on a scale of 1 to 99, down from 98\n\nKeep track of changes in these and other ratings via [IBD Stock Checkup](https:\/\/research.investors.com\/stock-checkup\/).\n***\n**[Top Growth Stocks: What's Hot In The IBD 50 Now?](https:\/\/www.investors.com\/research\/ibd-50-growth-stocks-to-watch\/)**\n***\n## Cheap Stocks To Buy: How To Spot The Buy Point\nIBD's buy rules traditionally used to add a dime above, say, the handle in a [cup with handle](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/the-basics-how-to-analyze-a-stocks-cup-with-handle\/), or the left-side peak of a [flat base](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-a-flat-base-skechers-stock-skx\/). Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns.\n\nDecades ago, William O'Neil, [founder and longtime chairman of IBD](https:\/\/www.investors.com\/news\/management\/leaders-and-success\/bill-oneil-ibd-founder-and-stock-investor-success-tips\/), preferred to add 1\/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1\/2, 1\/4, 1\/8, 1\/16, even 1\/32nds of a dollar.\n\nA special IBD buy rule, [the 5% buy zone](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/buy-zone-nvidia-stock\/) covers the ideal price range in which to [buy a breakout](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/what-is-stock-breakout\/). Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch.\n\nAnother potential entry point, but still a long ways away? A test of support at the stock's rising [10-week moving average](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points\/).\n\nAlso, keep an eye on [IBD's current outlook for stocks](https:\/\/research.investors.com\/markettrend.aspx). The best time to buy growth companies: only when the outlook shows a confirmed uptrend.\n***\n[**Want To Find The Best Cheap Stocks? Check Out IBD Stock Screener**](https:\/\/ibdstockscreener.investors.com\/)\n***\n## The Golden Rule\nFinally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a [proper buy point](http:\/\/www.investors.com\/how-to-invest\/investors-corner\/chart-reading-basics-how-a-buy-point-marks-a-time-of-opportunity\/) and the stock breaks expectations, [cutting losses short](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short\/) to protect your hard-earned capital allows you to invest in a more promising growth company.\n\nNo matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even.\n\nIt's very hard to spot stocks that double in price —even among cheap stocks to buy.\n\n*Please follow Chung on Twitter: [@saitochung](https:\/\/twitter.com\/SaitoChung) and [@IBD\\_DChung](https:\/\/twitter.com\/IBD_DChung)*\n\n**YOU MIGHT ALSO LIKE:**\n\n[This Could Be Your No. 1 Sell Rule](https:\/\/www.investors.com\/how-to-invest\/investors-corner\/when-to-sell-growth-stocks-number-1-rule\/)\n\n[IBD's Long-Term Leaders](https:\/\/www.investors.com\/research\/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list\/)\n\n[Trade With Success: The Latest Inside Investor's Corner](https:\/\/www.investors.com\/category\/how-to-invest\/investors-corner\/)","meta_canonical":null}

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Boilerpipe Text	Bull market or bear market? Regardless of what stage of the stock market cycle we're in , some folks never tire of searching for cheap stocks to buy. ↑ X NOW PLAYING 450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation After all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from $1 to $3 a share, or quintuples from 50 cents to $2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few. Cheap Stocks To Buy: The Challenges Hundreds of equities trade at a "low" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks. Imagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price. Third, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at $20, $40 or $80 a share before they break out of a bullish pattern , then go on mind-blowing rallies. Another cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time. So, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a true market leader such as names that enter IBD Leaderboard as well as the IBD 50 , IBD Sector Leaders , Long-Term Leaders , and IBD Big Cap 20 . These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing. This Magnificent Seven Name Is A Buy Now; Here's Why How To Screen For Great Cheap Stocks To Buy IBD Stock Screener filters cheap stocks that trade at $10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners. Keep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage. Never forget the No. 1 rule of investing: keep losses under control . Check Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros Silvercorp Delivers New Entry Point Silvercorp Metals ( SVM ), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated. On Thursday, amid a small gain in silver futures to $30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level. Silvercorp's latest base showed elements of a double bottom with a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the 5% buy zone from 3.91 up to 4.11, but that's no longer the case. The gain from this 3.91 buy point briefly exceeded the 20%-25% profit zone . Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio. This column had suggested watching for a potential new entry, such as a base-on-base pattern or a normal pullback to the 10-week moving average . On Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91. So, at this point, SVM has triggered a pair of key sell rules — a big break of the 10-week moving average and a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small. On Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of $68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp. After an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule: cut losses short . However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4. The Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to $72.2 million. According to MarketSurge , analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to $71.3 million and up 32% again in Q4 to $77.1 million. Sales over the past four quarters topped $226 million. Silvercorp also earned 27 cents a share over that four-quarter span. Here are the key IBD ratings for SVM: Composite Rating : 81 on a scale of 1 to 99, down from 97 Earnings Per Share Rating : 84 on a scale of 1 to 99 Relative Strength Rating : 88 on a scale of 1 to 99, down from 95 Keep track of changes in these and other ratings via IBD Stock Checkup . Cheap Stocks To Buy And Watch: New Entry In Aerospace Firm CPI Aerostructures ( CVU ), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off. But on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to $19.4 million. CPI's sales have increased just once in the past three quarters. This column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten well extended past the 5% buy zone . For now, the 3.50 price level continues to act as a ceiling of resistance. But with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11. CPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S&P 500 in recent weeks. Also, the relative strength line breached its April peak; that signals unusual strength. One could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70. The Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to $20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at Parker Hannifin ( PH ), where she directed the global supply chain for 11 divisions. According to MarketSurge , there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of $20.4 million. Recently, CVU showed a very bullish 2.8 up/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this Investor's Corner for more on the up/down volume ratio . Here are the key IBD ratings for CVU: Composite Rating : 90 on a scale of 1 to 99, up from 87 Earnings Per Share Rating : 85 on a scale of 1 to 99 Relative Strength Rating : 81 on a scale of 1 to 99, down from 85. Keep track of changes in these and other ratings via IBD Stock Checkup . Cheap Stocks Under $10: Finnish Giant Nokia ( NOK ), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly $27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry. Wireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact. Shares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the 5% buy zone from 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry. At this point, it makes sense to keep watching Nokia and waiting for the sell-off to end. In general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the proper buy point or even a few points below it. On Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer. According to MarketSurge , Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents. Trailing four-quarter sales totaled $20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters. Here are the key proprietary IBD ratings for NOK: Composite Rating : 76 on a scale of 1 to 99 Earnings Per Share Rating : 73 on a scale of 1 to 99 Relative Strength Rating : 75 on a scale of 1 to 99, down from 90 Keep track of changes in these and other ratings via IBD Stock Checkup . IBD's Long-Term Leaders: How They Differ From Cheap Stocks Cheap Stocks To Buy: Canadian Silver Miner Tested Fortuna Mining ( FSM ) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again. Heavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point. On Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average. At this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column. Fortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to $275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%. On an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%. Fortuna has a market cap of $1.47 billion and 306 million shares outstanding. Here are the key IBD ratings for Fortuna Mining: Composite Rating : 78 on a scale of 1 to 99 Earnings Per Share Rating : 95 on a scale of 1 to 99 Relative Strength Rating : 75 on a scale of 1 to 99 Keep track of changes in these and other ratings via IBD Stock Checkup . Crexendo Leads After It Returns To The Screen Crexendo ( CXDO ) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks. Earnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to $15.6 million. At this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01. Looking at a daily chart, one could draw a trendline from the August peak of 5.45. The trendline offers an entry point near 4.65. The stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker. Crexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of $144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price. The provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters. Here are the key IBD ratings for CXDO: Composite Rating : 81 on a scale of 1 to 99, down from 97 Earnings Per Share Rating : 66 on a scale of 1 to 99, plunging from 95 after Q3 results Relative Strength Rating : 88 on a scale of 1 to 99 Keep track of changes in these and other ratings via IBD Stock Checkup . Which Way Is The Stock Market Headed? Read This Column Every Trading Day Logistics Play Reitar Logtech ( RITR ) debuted on the Nasdaq on Aug. 23 at $4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87. In recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO. As seen on a MarketSurge daily chart, Reitar has also reclaimed the 21-day exponential moving average , a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress. The Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance. In general, favor companies that are part of a top 40 industry group. See Data Tables for the latest 197 industry group rankings . The Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. Based on MarketSurge data , the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to $22.8 million. Reitar has 62 million shares outstanding and a current market value of $338 million. Despite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis. Here are the key IBD ratings for RITR: Composite Rating : 90 on a scale of 1 to 99 Earnings Per Share Rating : 94 on a scale of 1 to 99 Relative Strength Rating : 93 on a scale of 1 to 99, down from 98 Keep track of changes in these and other ratings via IBD Stock Checkup . Top Growth Stocks: What's Hot In The IBD 50 Now? Cheap Stocks To Buy: How To Spot The Buy Point IBD's buy rules traditionally used to add a dime above, say, the handle in a cup with handle , or the left-side peak of a flat base . Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns. Decades ago, William O'Neil, founder and longtime chairman of IBD , preferred to add 1/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1/2, 1/4, 1/8, 1/16, even 1/32nds of a dollar. A special IBD buy rule, the 5% buy zone covers the ideal price range in which to buy a breakout . Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch. Another potential entry point, but still a long ways away? A test of support at the stock's rising 10-week moving average . Also, keep an eye on IBD's current outlook for stocks . The best time to buy growth companies: only when the outlook shows a confirmed uptrend. Want To Find The Best Cheap Stocks? Check Out IBD Stock Screener The Golden Rule Finally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a proper buy point and the stock breaks expectations, cutting losses short to protect your hard-earned capital allows you to invest in a more promising growth company. No matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even. It's very hard to spot stocks that double in price —even among cheap stocks to buy. Please follow Chung on Twitter: @saitochung and @IBD_DChung YOU MIGHT ALSO LIKE: This Could Be Your No. 1 Sell Rule IBD's Long-Term Leaders Trade With Success: The Latest Inside Investor's Corner
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[Research](https://www.investors.com/category/research/) # Cheap Stocks To Buy And Watch: Silvercorp Tries To Steady Itself As This Aerospace Firm Plunges On Earnings [![Facebook](https://www.investors.com/wp-content/themes/ibd/dist/images/share-icons/facebook.png)](https://www.investors.com/#facebook "Facebook")[![X](https://www.investors.com/wp-content/themes/ibd/dist/images/share-icons/x.png)](https://www.investors.com/#x "X")[![LinkedIn](https://www.investors.com/wp-content/themes/ibd/dist/images/share-icons/linkedin.png)](https://www.investors.com/#linkedin "LinkedIn")[![Share](https://www.investors.com/wp-content/themes/ibd/dist/images/share-icons/email.png)](https://www.addtoany.com/share) [Licensing](https://www.ibdlicensing.com/) - [DAVID SAITO-CHUNG](https://www.investors.com/author/chungd/ "Posts by DAVID SAITO-CHUNG") - Updated 02:52 PM ET 11/14/2024 Bull market or bear market? Regardless of [what stage of the stock market cycle we're in](https://research.investors.com/markettrend.aspx), some folks never tire of searching for cheap stocks to buy. ↑ X [450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation](https://www.investors.com/ibd-videos/videos/this-450-william-oneil-winner-profited-off-one-of-the-20th-centurys-most-significant-inventions-the-pill) [See All Videos](https://www.investors.com/ibd-videos) NOW PLAYING 450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation After all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from \$1 to \$3 a share, or quintuples from 50 cents to \$2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few. ## Cheap Stocks To Buy: The Challenges Hundreds of equities trade at a "low" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks. Imagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price. Third, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at \$20, \$40 or \$80 a share before they [break out of a bullish pattern](https://www.investors.com/how-to-invest/investors-corner/netflix-stock-chart-pattern/), then go on mind-blowing rallies. Another cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time. So, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a [true market leader such as names that enter IBD Leaderboard](https://leaderboard.investors.com/#/ibd50/full) as well as the [IBD 50](https://leaderboard.investors.com/#/ibd50/full), [IBD Sector Leaders](https://research.investors.com/stock-lists/sector-leaders), [Long-Term Leaders](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/), and [IBD Big Cap 20](https://research.investors.com/stock-lists/big-cap-20/). These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing. * [This Magnificent Seven Name Is A Buy Now; Here's Why](https://www.investors.com/research/microsoft-msft-stock-buy-now/) * ## How To Screen For Great Cheap Stocks To Buy [IBD Stock Screener](https://ibdstockscreener.investors.com/) filters cheap stocks that trade at \$10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners. Keep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage. Never forget the No. 1 rule of investing: [keep losses under control](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/). * [Check Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros](https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live) * ## Silvercorp Delivers New Entry Point Silvercorp Metals ([SVM](https://research.investors.com/quote.aspx?symbol=SVM)), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated. On Thursday, amid a small gain in silver futures to \$30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level. Silvercorp's latest base showed [elements of a double bottom](https://www.investors.com/how-to-invest/investors-corner/when-buy-growth-stocks-why-double-bottom-base-fuels-strong-breakouts/) with a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the [5% buy zone](https://www.investors.com/how-to-invest/investors-corner/buy-zone-nvidia-stock/) from 3.91 up to 4.11, but that's no longer the case. The gain from this 3.91 buy point briefly exceeded [the 20%-25% profit zone](https://www.investors.com/how-to-invest/investors-corner/how-to-build-long-term-profits-in-stocks-take-many-gains-at-20-25/). Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio. This column had suggested watching for a potential new entry, such as a base-on-base pattern or a [normal pullback to the 10-week moving average](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points/). On Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91. So, at this point, SVM has triggered a pair of key sell rules — a [big break of the 10-week moving average](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-growth-stocks-number-1-rule/) and a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small. On Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of \$68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp. After an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule: [cut losses short](https://www.investors.com/how-to-invest/investors-corner/sell-a-stock-cutting-losses-short-is-first-rule/). However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4. The Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to \$72.2 million. [According to MarketSurge](https://marketsurge.investors.com/), analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to \$71.3 million and up 32% again in Q4 to \$77.1 million. Sales over the past four quarters topped \$226 million. Silvercorp also earned 27 cents a share over that four-quarter span. Here are the key IBD ratings for SVM: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 81 on a scale of 1 to 99, down from 97 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 84 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 88 on a scale of 1 to 99, down from 95 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Cheap Stocks To Buy And Watch: New Entry In Aerospace Firm CPI Aerostructures ([CVU](https://research.investors.com/quote.aspx?symbol=CVU)), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off. But on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to \$19.4 million. CPI's sales have increased just once in the past three quarters. This column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten [well extended past the 5% buy zone](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot/). For now, the 3.50 price level continues to act as a ceiling of resistance. But with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11. CPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S\&P 500 in recent weeks. Also, the [relative strength line](https://www.investors.com/how-to-invest/investors-corner/relative-strength-line-is-a-simple-yet-effective-stock-indicator/) breached its April peak; that signals unusual strength. One could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70. The Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to \$20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at Parker Hannifin ([PH](https://research.investors.com/quote.aspx?symbol=PH)), where she directed the global supply chain for 11 divisions. [According to MarketSurge](https://marketsurge.investors.com/?src=A012BF), there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of \$20.4 million. Recently, CVU showed a very bullish 2.8 up/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this [Investor's Corner for more on the up/down volume ratio](https://www.investors.com/how-to-invest/investors-corner/top-stocks-under-accumulation-use-the-up-down-volume-ratio-to-find-the-best-prospects/). Here are the key IBD ratings for CVU: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 90 on a scale of 1 to 99, up from 87 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 85 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 81 on a scale of 1 to 99, down from 85. Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Cheap Stocks Under \$10: Finnish Giant Nokia ([NOK](https://research.investors.com/quote.aspx?symbol=NOK)), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly \$27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry. Wireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact. Shares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the [5% buy zone](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot/) from 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry. At this point, it makes sense to keep watching Nokia and waiting for the sell-off to end. In general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the [proper buy point](https://www.investors.com/how-to-invest/investors-corner/apple-stock-set-up-proper-buy-point-before-big-rally/) or even a few points below it. On Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer. [According to MarketSurge](https://marketsurge.investors.com/?src=A012BF), Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents. Trailing four-quarter sales totaled \$20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters. Here are the key proprietary IBD ratings for NOK: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 76 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 73 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 75 on a scale of 1 to 99, down from 90 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [IBD's Long-Term Leaders: How They Differ From Cheap Stocks](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/) * ## Cheap Stocks To Buy: Canadian Silver Miner Tested Fortuna Mining ([FSM](https://research.investors.com/quote.aspx?symbol=FSM)) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again. Heavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point. On Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average. At this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column. Fortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to \$275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%. On an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%. Fortuna has a market cap of \$1.47 billion and 306 million shares outstanding. Here are the key IBD ratings for Fortuna Mining: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 78 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 95 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 75 on a scale of 1 to 99 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Crexendo Leads After It Returns To The Screen Crexendo ([CXDO](https://research.investors.com/quote.aspx?symbol=CXDO)) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks. Earnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to \$15.6 million. At this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01. Looking at a daily chart, one could draw a trendline from the August peak of 5.45. The [trendline offers an entry point](https://www.investors.com/how-to-invest/investors-corner/how-to-draw-trendlines-and-find-lower-buy-points-in-stock-charts/) near 4.65. The stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker. Crexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of \$144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price. The provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters. Here are the key IBD ratings for CXDO: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 81 on a scale of 1 to 99, down from 97 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 66 on a scale of 1 to 99, plunging from 95 after Q3 results [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 88 on a scale of 1 to 99 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [Which Way Is The Stock Market Headed? Read This Column Every Trading Day](https://www.investors.com/category/market-trend/the-big-picture/) * ## Logistics Play Reitar Logtech ([RITR](https://research.investors.com/quote.aspx?symbol=RITR)) debuted on the Nasdaq on Aug. 23 at \$4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87. In recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO. As seen on a MarketSurge daily chart, Reitar has also reclaimed the [21-day exponential moving average](https://www.investors.com/how-to-invest/investors-corner/what-is-the-21-day-exponential-moving-average/), a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress. The Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance. In general, favor companies that are part of a top 40 industry group. See [Data Tables for the latest 197 industry group rankings](https://www.investors.com/ibd-data-tables/). The Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. [Based on MarketSurge data](https://marketsurge.investors.com/?src=A012BF), the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to \$22.8 million. Reitar has 62 million shares outstanding and a current market value of \$338 million. Despite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis. Here are the key IBD ratings for RITR: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 90 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 94 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 93 on a scale of 1 to 99, down from 98 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [Top Growth Stocks: What's Hot In The IBD 50 Now?](https://www.investors.com/research/ibd-50-growth-stocks-to-watch/) * ## Cheap Stocks To Buy: How To Spot The Buy Point IBD's buy rules traditionally used to add a dime above, say, the handle in a [cup with handle](https://www.investors.com/how-to-invest/investors-corner/the-basics-how-to-analyze-a-stocks-cup-with-handle/), or the left-side peak of a [flat base](https://www.investors.com/how-to-invest/investors-corner/what-is-a-flat-base-skechers-stock-skx/). Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns. Decades ago, William O'Neil, [founder and longtime chairman of IBD](https://www.investors.com/news/management/leaders-and-success/bill-oneil-ibd-founder-and-stock-investor-success-tips/), preferred to add 1/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1/2, 1/4, 1/8, 1/16, even 1/32nds of a dollar. A special IBD buy rule, [the 5% buy zone](https://www.investors.com/how-to-invest/investors-corner/buy-zone-nvidia-stock/) covers the ideal price range in which to [buy a breakout](https://www.investors.com/how-to-invest/investors-corner/what-is-stock-breakout/). Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch. Another potential entry point, but still a long ways away? A test of support at the stock's rising [10-week moving average](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points/). Also, keep an eye on [IBD's current outlook for stocks](https://research.investors.com/markettrend.aspx). The best time to buy growth companies: only when the outlook shows a confirmed uptrend. * [Want To Find The Best Cheap Stocks? Check Out IBD Stock Screener](https://ibdstockscreener.investors.com/) *** ## The Golden Rule Finally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a [proper buy point](http://www.investors.com/how-to-invest/investors-corner/chart-reading-basics-how-a-buy-point-marks-a-time-of-opportunity/) and the stock breaks expectations, [cutting losses short](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/) to protect your hard-earned capital allows you to invest in a more promising growth company. No matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even. It's very hard to spot stocks that double in price —even among cheap stocks to buy. Please follow Chung on Twitter: [@saitochung](https://twitter.com/SaitoChung) and [@IBD\_DChung](https://twitter.com/IBD_DChung) YOU MIGHT ALSO LIKE: [This Could Be Your No. 1 Sell Rule](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-growth-stocks-number-1-rule/) [IBD's Long-Term Leaders](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/) [Trade With Success: The Latest Inside Investor's Corner](https://www.investors.com/category/how-to-invest/investors-corner/) ## Related news [![Nokia stock](https://www.investors.com/wp-content/uploads/2021/07/Stock-nokia-03-adobe-640x360.jpg)](https://www.investors.com/how-to-invest/nokia-nok-stock-americas-greatest-opportunities/) [Nokia Stock: How To Find & Own America's Greatest Opportunities](https://www.investors.com/how-to-invest/nokia-nok-stock-americas-greatest-opportunities/) 12/23/2025 Nokia, once the world leader in mobile phone sales, saw its stock advance nearly 10 times in 24 months during... 12/23/2025 Nokia, once the world leader in mobile phone sales, saw... - ##### [These Gold, Copper And Fintech Stocks Hit Relative Highs And Sit In Buy Zones](https://www.investors.com/research/gold-stock-copper-mining-ero-fsm-enva/) - ##### [Walmart Stock Hits Record High On Black Friday, Along With Analog Devices And A Metals Miner](https://www.investors.com/stock-lists/new-highs/walmart-stock-hits-record-high-on-black-friday-along-with-analog-devices-and-a-metals-miner/) - ##### [Ascend Communications: How To Find & Own America's Greatest Opportunities](https://www.investors.com/how-to-invest/tech-stock-ascend-communications-americas-greatest-opportunities/) - ##### [Newbridge Networks: How To Find & Own America's Greatest Opportunities](https://www.investors.com/how-to-invest/tech-stock-william-oneil-column-newbridge-networks-americas-greatest-opportunities/) - ##### [Nokia Stock Pops As 5G Wireless Gear Maker Expects To Raise Outlook](https://www.investors.com/news/technology/nokia-stock-pops-as-5g-wireless-gear-maker-expects-to-raise-outlook/) - ##### [Clampdown On GameStop Stock, Other Reddit Short-Busters Sparks Double-Standard Cries](https://www.investors.com/news/gamestop-stock-reddit-short-busting-curbs-spark-double-standard-cries/) - ##### [What Is An ADR? 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Readable Markdown	Bull market or bear market? Regardless of [what stage of the stock market cycle we're in](https://research.investors.com/markettrend.aspx), some folks never tire of searching for cheap stocks to buy. ↑ X NOW PLAYING 450% William O'Neil Winner Profited Off Of This Significant Medical Sector Innovation After all, who doesn't love a bargain? Surely, the lure of finding a stock that triples from \$1 to \$3 a share, or quintuples from 50 cents to \$2.50, seems irresistible. But do you know the unique problems and subtle challenges of hunting cheap stocks to buy for big gains? Let's consider a few. ## Cheap Stocks To Buy: The Challenges Hundreds of equities trade at a "low" price on both the Nasdaq and NYSE. So, how can you pick the winners consistently? A second challenge: Most institutional money managers don't touch cheap stocks. Imagine a large-cap mutual fund trying to buy tens or even hundreds of millions of dollars' worth in a stock that trades at 30 cents a share. If trading volume is thin, the fund manager would have an awfully tough time accumulating shares — without making a big impact on the stock price. Third, IBD's decades of research find that dozens, if not hundreds, of great stocks each year do not start out as penny stocks. They already trade at \$20, \$40 or \$80 a share before they [break out of a bullish pattern](https://www.investors.com/how-to-invest/investors-corner/netflix-stock-chart-pattern/), then go on mind-blowing rallies. Another cold, hard truth that proponents of penny stocks don't tell you? Many low-priced shares stay low for a very long time. So, if your hard-earned money is tied up in a penny stock that fails to generate meaningful capital appreciation, you're not just nursing a dud stock. You face the lost opportunity of getting a [true market leader such as names that enter IBD Leaderboard](https://leaderboard.investors.com/#/ibd50/full) as well as the [IBD 50](https://leaderboard.investors.com/#/ibd50/full), [IBD Sector Leaders](https://research.investors.com/stock-lists/sector-leaders), [Long-Term Leaders](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/), and [IBD Big Cap 20](https://research.investors.com/stock-lists/big-cap-20/). These stocks often enjoy solid institutional buying, even if their share prices trade in the triple or quadruple digits. Institutional accumulation undeniably plays a huge role in successful investing. * [This Magnificent Seven Name Is A Buy Now; Here's Why](https://www.investors.com/research/microsoft-msft-stock-buy-now/) * ## How To Screen For Great Cheap Stocks To Buy [IBD Stock Screener](https://ibdstockscreener.investors.com/) filters cheap stocks that trade at \$10 or less per share and carry the key fundamental, technical and fund ownership quality traits routinely seen among the greatest stock market winners. Keep in mind that liquidity is often thin. You might not get trade executions at an ideal price. So, check the gap between a cheap stock's best bid and best ask prices, or the difference between what one investor is willing to pay and another is willing to sell. The smaller the gap between best bid and best ask, the less price slippage. Never forget the No. 1 rule of investing: [keep losses under control](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/). * [Check Out IBD Live! Trade Top Stocks With Growth Investing Experts And Pros](https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live) * ## Silvercorp Delivers New Entry Point Silvercorp Metals ([SVM](https://research.investors.com/quote.aspx?symbol=SVM)), which trades on the American Stock Exchange, had been leading the stock market. Shares more than doubled since Jan. 1 to a recent peak at 5.32. But on Tuesday, Silvercorp and fellow mining stocks continued to get punished following the U.S. elections. Since last Thursday's close, SVM has fallen a disappointing 17%. Plus, volume has been elevated. On Thursday, amid a small gain in silver futures to \$30.71 an ounce, Silvercorp rebounded 2.3% and challenged the 4 price level. Silvercorp's latest base showed [elements of a double bottom](https://www.investors.com/how-to-invest/investors-corner/when-buy-growth-stocks-why-double-bottom-base-fuels-strong-breakouts/) with a middle peak of 3.91. See it between the early July low of 3.27 and a lower low of 2.96. SVM had been sharply extended from the [5% buy zone](https://www.investors.com/how-to-invest/investors-corner/buy-zone-nvidia-stock/) from 3.91 up to 4.11, but that's no longer the case. The gain from this 3.91 buy point briefly exceeded [the 20%-25% profit zone](https://www.investors.com/how-to-invest/investors-corner/how-to-build-long-term-profits-in-stocks-take-many-gains-at-20-25/). Taking gains often at 20% to 25%, or perhaps a bit more, helps reduce painful drawdowns in the portfolio. This column had suggested watching for a potential new entry, such as a base-on-base pattern or a [normal pullback to the 10-week moving average](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points/). On Nov. 7 shares finished at 4.59, mildly above the 10-week line at 4.47. That served as an actionable entry. However, on the very next day Silvercorp dropped sharply below the 50-day moving average, down 10% and breaking expectations. Plus, Silvercorp has made an unfavorable round trip of the solid gains from the double-bottom base breakout at 3.91. So, at this point, SVM has triggered a pair of key sell rules — a [big break of the 10-week moving average](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-growth-stocks-number-1-rule/) and a round trip of strong short-term gains — to defend against any remaining profits and to keep losses small. On Nov. 7, shares rose 1.3% after hours after Silvercorp posted adjusted EPS of 9 cents and revenue of \$68 million, up 26% vs. a year ago. But with the recent decline in gold and silver futures prices, mining stocks including SVM have struggled. Therefore, this column will likely replace Silvercorp. After an initial breakout attempt on Aug. 29, the small cap quickly headed south and fell more than 7% below the 3.91 pivot point. This action was bearish and triggered the most important rule: [cut losses short](https://www.investors.com/how-to-invest/investors-corner/sell-a-stock-cutting-losses-short-is-first-rule/). However, Silvercorp rebounded fiercely. On Sept. 13, shares retook the prior double-bottom entry at 3.91 and also crossed a trendline entry near 4. The Vancouver-based miner has operations in Canada and China. Silvercorp's second-quarter results proved a bonanza. Earnings soared 140% to 12 cents a share on a 20% jump in sales to \$72.2 million. [According to MarketSurge](https://marketsurge.investors.com/), analysts see earnings rising 30% and 35% vs. year-ago levels to 8 cents each in the next two quarters. Revenue is seen up 32% in Q3 to \$71.3 million and up 32% again in Q4 to \$77.1 million. Sales over the past four quarters topped \$226 million. Silvercorp also earned 27 cents a share over that four-quarter span. Here are the key IBD ratings for SVM: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 81 on a scale of 1 to 99, down from 97 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 84 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 88 on a scale of 1 to 99, down from 95 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Cheap Stocks To Buy And Watch: New Entry In Aerospace Firm CPI Aerostructures ([CVU](https://research.investors.com/quote.aspx?symbol=CVU)), which trades on the Amex and makes structural parts for fixed-wing aircraft and helicopters, bolted out of an early-stage cup pattern with a 2.94 buy point on Aug. 27. Shares climbed more than 4% and hit a session high of 3.09 in thick turnover before cooling off. But on Thursday, CPI Aerostructures crashed on Q3 results. The stock dropped more than 10% and fell way below its 50-day moving average in heavy volume after announcing that third-quarter earnings tripled to 6 cents a share. But sales edged 5% lower to \$19.4 million. CPI's sales have increased just once in the past three quarters. This column had noted that investors could wait until the stock clears the newly formed handle atop the cup. In mid-September CVU cleared this handle with a 3.11 entry and has gotten [well extended past the 5% buy zone](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot/). For now, the 3.50 price level continues to act as a ceiling of resistance. But with Thursday's deep sell-off, CPI Aerostructures has instead delivered a sell rule by giving back all the gain from the breakout past 3.11. CPI Aerostructures on average trades less than 30,000 shares a day. So it's thinly traded. Yet CPI Aero has been showing relative strength vs. the S\&P 500 in recent weeks. Also, the [relative strength line](https://www.investors.com/how-to-invest/investors-corner/relative-strength-line-is-a-simple-yet-effective-stock-indicator/) breached its April peak; that signals unusual strength. One could have drawn a trendline from the cup's left-side peak and determined a lower, more aggressive buy point near 2.70. The Edgewood, N.Y., firm began trading on the American Stock Exchange in late September 2022. The company recently reported a 22% rise in second-quarter earnings to 11 cents a share on a 1% increase in sales to \$20.8 million. MarketSurge showed no full-year earnings estimates. The firm's president and CEO, Dorith Hakim, had previously served as group VP at Parker Hannifin ([PH](https://research.investors.com/quote.aspx?symbol=PH)), where she directed the global supply chain for 11 divisions. [According to MarketSurge](https://marketsurge.investors.com/?src=A012BF), there are no published earnings or sales estimates for the company. In the year-ago quarter, CPI Aerostructures posted earnings of 2 cents a share and sales of \$20.4 million. Recently, CVU showed a very bullish 2.8 up/down volume ratio. It has since eased to 1.8, still very positive. But after Thursday's sell-off, this ratio should fall. An up/down more than 1.0 signifies heavy volume during up days vs. down days over the past 50 trading sessions. Please check out this [Investor's Corner for more on the up/down volume ratio](https://www.investors.com/how-to-invest/investors-corner/top-stocks-under-accumulation-use-the-up-down-volume-ratio-to-find-the-best-prospects/). Here are the key IBD ratings for CVU: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 90 on a scale of 1 to 99, up from 87 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 85 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 81 on a scale of 1 to 99, down from 85. Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Cheap Stocks Under \$10: Finnish Giant Nokia ([NOK](https://research.investors.com/quote.aspx?symbol=NOK)), the Finish telecom giant, was a superstar during the late 1990s tech rally. Today, with a nearly \$27 billion market value, it is not a small cap. Nevertheless, the stock rose 8.9% in the week ended Oct. 18 to 4.75. Also, Nokia surged past a shallow flat base with a 4.52 buy point. On Tuesday, NOK sank 1.5% to 4.50 and is just below this new entry. Wireless play Nokia is now testing a key buy point and gained a nickel, or 1%. Its uptrend remains intact. Shares continue to rally, and NOK hit a multiyear high of 4.95 last week. This column noted the [5% buy zone](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-buy-zone-is-the-sweet-spot/) from 4.52 goes up to 4.75. Therefore, NOK was extended. But in recent days, the stock has pulled back sharply and is now just above the entry. At this point, it makes sense to keep watching Nokia and waiting for the sell-off to end. In general, it's a savvy strategy to avoid buying shares no more than 5% above the pivot point. Why? After a breakout to new highs, a stock often pulls back as some traders cash in on the rally. In many cases, the stock drops right to the [proper buy point](https://www.investors.com/how-to-invest/investors-corner/apple-stock-set-up-proper-buy-point-before-big-rally/) or even a few points below it. On Oct. 18, the company announced Melissa Schoeb will leave the company as its chief corporate affairs officer while Jenni Lukander, president of the Nokia Technologies business group, is also exiting. Meantime, Mikko Hautala, a former Finnish ambassador to the U.S., will join the firm as chief geopolitical and government relations officer. [According to MarketSurge](https://marketsurge.investors.com/?src=A012BF), Nokia is expected to grow earnings 8% this year to 35 cents a share, revised lower from 36 cents. Trailing four-quarter sales totaled \$20.7 billion. But in each of the past four quarters, sales fell 21%, 21%, 19% and 3% vs. year-ago levels. According to MarketSurge, the top line is expected to grow mildly in three of the next four quarters. Here are the key proprietary IBD ratings for NOK: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 76 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 73 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 75 on a scale of 1 to 99, down from 90 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [IBD's Long-Term Leaders: How They Differ From Cheap Stocks](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/) * ## Cheap Stocks To Buy: Canadian Silver Miner Tested Fortuna Mining ([FSM](https://research.investors.com/quote.aspx?symbol=FSM)) enjoyed lustrous gains in the week ended Oct. 18. Shares gained 8.4% to 5.15. It retook the 10-week moving average, a bullish move, after bouncing nicely off a test of the longer-term 40-week line the prior week. However, amid the new pullback, Fortuna is trying to hold above its 40-week line again. Heavy volume was absent. Nonetheless, the stock crossed an early trendline entry near 5. One could draw the trendline starting with the late-May high of 6.36. However, the stock is now below this aggressive buy point. On Nov. 7, Fortuna closed at 4.79, below the trendline buy point near 5. The stock tested buying support at the 40-week moving average. At this point, failure to rebound off the 40-week line, or the 200-day moving average on a daily chart, would result in Fortuna exiting this column. Fortuna posted a healthy 60% jump in earnings to 16 cents a share in the third quarter as sales rose 13% to \$275 million. It had faced tough year-over-year comps. In Q3 of 2023, sales expanded 46%. On an annual basis, the Vancouver-based miner and processor of silver has been highly profitable every year since at least 2017. After earnings grew 44% last year to 23 cents a share, Fortuna is now expected to post a 120% gain in the bottom line this year to 51 cents a share and 64 cents in 2025, up 27%. Fortuna has a market cap of \$1.47 billion and 306 million shares outstanding. Here are the key IBD ratings for Fortuna Mining: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 78 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 95 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 75 on a scale of 1 to 99 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). ## Crexendo Leads After It Returns To The Screen Crexendo ([CXDO](https://research.investors.com/quote.aspx?symbol=CXDO)) has acted well since returning to the IBD Screener. But the stock slid 7% last week after reporting earnings. On Thursday, Crexendo fell another 1.5% and tested its 50-day moving average for the second time in as many weeks. Earnings dropped 50% to 6 cents a share despite a 13% pick-up in sales to \$15.6 million. At this point, watch to see if the stock can find buyers around its rising 10-week moving average, currently at 5.01. Looking at a daily chart, one could draw a trendline from the August peak of 5.45. The [trendline offers an entry point](https://www.investors.com/how-to-invest/investors-corner/how-to-draw-trendlines-and-find-lower-buy-points-in-stock-charts/) near 4.65. The stock had been building a base the past seven weeks and recently cleared the 5.45 buy point as well, as noted by this story earlier in the month. But CXDO has now fallen below this entry, an expectation breaker. Crexendo has relatively low liquidity. It trades 124,000 shares on average and has a micro-cap stock market value of \$144 million. The member of IBD's internet-network solutions industry group has staged a virtuoso-like gain since bottoming at 1.24 in May 2023, more than quintupling in price. The provider of ecommerce-related technology and services to small companies has shown excellent earnings growth in five of the past seven quarters. Here are the key IBD ratings for CXDO: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 81 on a scale of 1 to 99, down from 97 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 66 on a scale of 1 to 99, plunging from 95 after Q3 results [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 88 on a scale of 1 to 99 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [Which Way Is The Stock Market Headed? Read This Column Every Trading Day](https://www.investors.com/category/market-trend/the-big-picture/) * ## Logistics Play Reitar Logtech ([RITR](https://research.investors.com/quote.aspx?symbol=RITR)) debuted on the Nasdaq on Aug. 23 at \$4 per share. It closed the first day at 4.15, then rushed 23% higher the next session. Reitar also made a new high of 6.87. In recent weeks, Reitar triggered a new entry among cheap stocks to buy. Why? First, it cleared a trendline near 6.10. Second, the stock established a trading range between 4 and 6. So an early buy point at 6.20, based on the intraday peak of 6.20 on Oct. 1, was logical. And third, shares cleared the 6.87 high marked on the second day of trading after Reitar's IPO. As seen on a MarketSurge daily chart, Reitar has also reclaimed the [21-day exponential moving average](https://www.investors.com/how-to-invest/investors-corner/what-is-the-21-day-exponential-moving-average/), a key gauge of short-term technical strength. Yet trading have been hyper-volatile in some sessions, and the stock has made limited price progress. The Hong Kong, China-based company belongs to IBD's Commercial Services-Consulting industry group. It recently ranked 87th, in the upper half among 197 industries for six-month price-weighted performance. In general, favor companies that are part of a top 40 industry group. See [Data Tables for the latest 197 industry group rankings](https://www.investors.com/ibd-data-tables/). The Hong Kong-based firm provides asset management and consulting services to investors in logistic properties. [Based on MarketSurge data](https://marketsurge.investors.com/?src=A012BF), the company posts semiannual results. In the six months through March, Reitar reported 4 cents a share, up 63%, on a 361% leap in sales to \$22.8 million. Reitar has 62 million shares outstanding and a current market value of \$338 million. Despite the low share price, Reitar has posted numerous sessions in which at least 200,000 shares exchanged hands on a daily basis. Here are the key IBD ratings for RITR: [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/how-to-research-growth-stocks/): 90 on a scale of 1 to 99 [Earnings Per Share Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/): 94 on a scale of 1 to 99 [Relative Strength Rating](https://www.investors.com/how-to-invest/investors-corner/what-is-relative-strength/): 93 on a scale of 1 to 99, down from 98 Keep track of changes in these and other ratings via [IBD Stock Checkup](https://research.investors.com/stock-checkup/). * [Top Growth Stocks: What's Hot In The IBD 50 Now?](https://www.investors.com/research/ibd-50-growth-stocks-to-watch/) * ## Cheap Stocks To Buy: How To Spot The Buy Point IBD's buy rules traditionally used to add a dime above, say, the handle in a [cup with handle](https://www.investors.com/how-to-invest/investors-corner/the-basics-how-to-analyze-a-stocks-cup-with-handle/), or the left-side peak of a [flat base](https://www.investors.com/how-to-invest/investors-corner/what-is-a-flat-base-skechers-stock-skx/). Now, IBD has reduced it to simply a move past the pivotal price points in these historically proven chart patterns. Decades ago, William O'Neil, [founder and longtime chairman of IBD](https://www.investors.com/news/management/leaders-and-success/bill-oneil-ibd-founder-and-stock-investor-success-tips/), preferred to add 1/8th of a point, equivalent to 12.5 cents, to the key resistance level within a base to determine if a stock is in fact breaking out. Before the stock exchanges moved to decimalization of price quotes, stock prices traded in fractions of 1/2, 1/4, 1/8, 1/16, even 1/32nds of a dollar. A special IBD buy rule, [the 5% buy zone](https://www.investors.com/how-to-invest/investors-corner/buy-zone-nvidia-stock/) covers the ideal price range in which to [buy a breakout](https://www.investors.com/how-to-invest/investors-corner/what-is-stock-breakout/). Therefore, watch for a potential pullback near the ideal entry. This strategy applies to all cheap stocks to buy and watch. Another potential entry point, but still a long ways away? A test of support at the stock's rising [10-week moving average](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-why-the-10-week-moving-average-offers-new-entry-points/). Also, keep an eye on [IBD's current outlook for stocks](https://research.investors.com/markettrend.aspx). The best time to buy growth companies: only when the outlook shows a confirmed uptrend. * [Want To Find The Best Cheap Stocks? Check Out IBD Stock Screener](https://ibdstockscreener.investors.com/) * ## The Golden Rule Finally, even among cheap stocks to buy, never forget the No. 1 maxim of investing. If you buy at a [proper buy point](http://www.investors.com/how-to-invest/investors-corner/chart-reading-basics-how-a-buy-point-marks-a-time-of-opportunity/) and the stock breaks expectations, [cutting losses short](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/) to protect your hard-earned capital allows you to invest in a more promising growth company. No matter what price you purchased shares for, accept no larger than a loss of 7%-8% on those shares. You can quickly recover from such a deficit. But a 50% loss in a single stock requires that you make a 100% gain on the next trade to get back to break-even. It's very hard to spot stocks that double in price —even among cheap stocks to buy. Please follow Chung on Twitter: [@saitochung](https://twitter.com/SaitoChung) and [@IBD\_DChung](https://twitter.com/IBD_DChung) YOU MIGHT ALSO LIKE: [This Could Be Your No. 1 Sell Rule](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-growth-stocks-number-1-rule/) [IBD's Long-Term Leaders](https://www.investors.com/research/best-stocks-to-buy-now-long-term-stocks-ibd-long-term-leaders-list/) [Trade With Success: The Latest Inside Investor's Corner](https://www.investors.com/category/how-to-invest/investors-corner/)
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