ReneSola Ltd. (ADR) (SOL), Bazaarvoice Inc (BV), NII Holdings, Inc. (NIHD), Giant Interactive Group Inc (ADR) (GA), Nokia Corporation (ADR) (NOK): 5 Stocks Under $10

However, the welcome liquidity and the long-term prospects for wireless services through Latin America make NII Holdings, Inc. (NASDAQ:NIHD) a risky play with some serious potential upside.

Giant Interactive Group Inc (ADR) (NYSE:GA) — $8.51

It’s been nine months since I tagged Giant Interactive in this monthly column, and even though the stock is trading 44% higher now, I still don’t have a problem giving it the nod again. Giant Interactive Group Inc (ADR) (NYSE:GA) is a growing player in China’s emerging online gaming scene. It’s had lumpy fundamentals in the past, but it’s been surprisingly consistent these days.

Giant Interactive Group Inc (ADR) (NYSE:GA) earned $0.82 a share this last year. It’s on pace to crank out a profit of $0.92 a share this year, and analysts see net income of $0.99 a share come 2014. You rarely see these kind of big and growing per-share numbers on a stock trading in the single digits. My bet is that Giant Interactive Group Inc (ADR) (NYSE:GA) won’t be trading in the single digits for too much longer.

Nokia Corporation (ADR) (NYSE:NOK) — $6.41

After posting gains of 38% and 19% in back-to-back weeks, it may seem that I’m a bit late in pointing to Nokia Corporation (ADR) (NYSE:NOK). However, Nokia Corporation (ADR) (NYSE:NOK)’s decision to sell its devices and services business for $7.2 billion two weeks ago not only provides a cushion of safety, but it will also be interesting to see what the Finland-based wireless pioneer does with the new cash mattress.

I’ll go with Nokia Corporation (ADR) (NYSE:NOK). I’m late this time, but I was also too early last year.

Five for the road

These five stocks aren’t trading in the single digits by accident. If I’m right about the catalysts, though, they may not be trading in the single digits for too much longer.

Finding promising stocks while they’re still cutting their baby teeth is at the heart of the Rule Breakers newsletter that I write for. You can check it out for free this month with a 30-day trial subscription. There are roughly a half dozen active stock recommendations in the growth stock research service trading for less than $10 at the moment. Check those out, and I’ll be back with more on the third Monday of next month.

The article 5 Stocks Under $10 originally appeared on Fool.com and is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz owns shares of Ford. The Motley Fool recommends Ford and Giant Interactive Group and owns shares of Ford.

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