Stocks Profile

Surprisingly, there are about 45 stocks trading on the New York Stock Exchange which trade for less than $3 a share. Of course, some of these are on the verge of delisting, many are on the verge of bankruptcy, but you may find a few gems on the list of NYSE stocks under $3, just published by WallStreetNewsNetwork.com.

As an example, with the recent oil spill, WSP Holdings Ltd. (WH) might be worth taking a look at. The company makes casing, tubing, and drill pipes for oil and natural gas exploration, drilling, and extraction along with pipelines. Full post…