From Nasdaq: 2025-04-01 16:42:00

The S&P 500 ended Q1 on a positive note after a 6% decline, with the Nasdaq down over 10%. Uncertainty over tariffs and profit-taking drove the market downturn. Wall Street awaits Trump’s tariff updates on April 2, with the Nasdaq showing signs of stabilization in a neutral zone.
The Nasdaq has dropped from record-high RSI levels to neutral, with strong earnings growth projections and potential Fed interest rate cuts. Long-term investors are encouraged to buy into the market downturn. Analysts highlight cheap stocks under $10 with strong Zacks Ranks and improving earnings outlooks.
Penny stocks, now defined as securities trading for less than $5, are speculative and volatile. However, some penny stocks outperform expectations. Stocks under $10 are less risky than penny stocks but still speculative. Investors can find winning stocks under $10 by being selective and considering specific screening parameters.
Rolls-Royce, a historic engine maker, is revamping its business to boost profitability. The company’s operating profit increased by 55% in 2024, and it is ahead of schedule to quadruple profits by 2028. Rolls-Royce reinstated its dividend, launched a share buyback program, and aims to expand into the narrowbody aircraft segment.
Rolls-Royce shares have soared over 650% in the past three years and are trading below the Zacks price target. With strong revenue growth projections, the company holds a Zacks Rank #2 (Buy). Investors can access a list of highly-ranked stocks under $10 to explore potential investment opportunities.



Read more at Nasdaq: How to Find the Best Cheap Stocks Under $10 to Buy in April