Traditionally, so-called “cheap” stocks are those trading at $5 or less. These stocks are closer to gambling than investing, as often there is a reason for these stocks to have lower valuations.

Alana Benson is an investing writer who joined NerdWallet in 2019. She covers a wide variety of investing topics including stocks, socially responsible investing, cryptocurrency, mutual funds, HSAs ...

Arielle O’Shea leads the investing and taxes team at NerdWallet. She has covered personal finance and investing for nearly 20 years, and was a senior writer and spokesperson at NerdWallet before ...