I'm noob and just started my first portfolio. I plan to invest ~$1000 into a tech or med stock with low purchase price (<$20).
Currently I am considering:
- Alphatec Holdings: Currently close to a 5y low at $5.25/share. Average price target is $17.46. The owners just stocked up on shares – not sure if this is due to some insider knowledge or an attempt to rescue the company with private funds though.
- United Microelectronics: Currently at $8.30. Interests me because the core business is semiconductors. Average price target is $9.30.
- Intel: Currently around $22.5, close to a 5-year-low. I would consider to by if it goes down by another 5-10%. The average price target is $25.47.
Which one would you go for? Any other recommendations for med or tech stocks that go for <$20/share?
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