While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep prices, it is difficult to get any decent share count leverage.

Many investors, especially more aggressive traders, look at lower-priced stocks as a way not only to make some good money but to get a higher share count. That can really help the decision-making process, especially when you are on to a winner, as you can always sell half and keep half.

We screened our 24/7 Wall St. research database looking for well-known companies that could very well offer patient investors some huge returns for the rest of 2022 and beyond. Skeptics of low-priced shares should remember that at one point both Amazon and Apple traded in the single digits. One stock we featured over the years, Zynga, recently was purchased by Take-Two Interactive.

While all five stocks are rated Buy, it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.

ASE Technology

While perhaps a touch off-the-radar, this stock offers investors massive total return potential. ASE Technology Holding Co. Ltd. (NYSE: ASX) provides a range of semiconductor packaging and testing, as well as electronic manufacturing services, in the United States, Asia, Europe and elsewhere.

The company offers packaging services, including flip-chip ball grid array (BGA), flip-chip chip-scale package (CSP), advanced chip-scale packages, quad flat packages, low-profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs and 3D chip packages. It offers stacked die solutions in various package types and copper and silver wire bonding solutions.

ASE also provides advanced packages, such as flip-chip BGA; heat-spreader FCBGA; flip-chip CSP; hybrid FCCSP; flip-chip package in package and package on package (POP); advanced single-sided substrate; high-bandwidth POP; fan-out wafer-level packaging; SESUB; and 2.5D silicon interposer.

In addition, it offers IC wire bonding packages; system-in-package products (SiP) and modules; and interconnect materials, as well as assembles automotive electronic products. It provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, logic/mixed-signal/RF module and SiP/MEMS/discrete final testing and other test-related services, as well as drop shipment services.

ASE also develops, constructs, sells, leases and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment and motherboards; and imports and exports goods and technology.

ASE Technology stock investors receive a 5.18% dividend. BofA Securities has an $8.80 target price, while the consensus target is $7.97. The stock last traded at $5.66 on Friday.

This small-cap industrial stock has been trending higher. Babcock & Wilcox Enterprises Inc. (NYSE: BW) provides energy and emissions control solutions to a range of industrial, electrical utility, municipal and other customers worldwide.

Its Renewable segment offers technologies for waste-to-energy, solar construction and installation, and biomass energy systems, as well as black liquor systems for the pulp and paper industry. This segment provides technology support solutions for diverting waste from landfills to use for power generation and replacing fossil fuels while recovering metals and reducing emissions.

The Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control and mercury control.

The Thermal segment offers steam generation equipment; aftermarket parts; and construction, maintenance and field services for plants in the power generation, oil and gas, and industrial industries. This segment has installed equipment for utilities and general industrial applications, including refining, petrochemical, food processing and metals.

Craig Hallum recently started coverage and has an $11 price target. The consensus target is $10.90. The stock closed on Friday at $7.00 down almost 4%.

Blue Apron

After a hot initial public offering, this stock traded sideways for years and may be ready to breakout. Blue Apron Holdings Inc. (NASDAQ: APRN) operates a direct-to-consumer platform that delivers original recipes with fresh and seasonal ingredients.

The company also operates Blue Apron Market, an e-commerce market that provides cooking tools, utensils, pantry items and other products. The company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals. It serves young couples, families, singles and empty nesters. The company offers its services through order selections on websites or mobile applications primarily in the United States.

Last month, the company announced the launch of a new offering on Walmart.com, where consumers can purchase a selection of meal kits without a subscription, from classic menu items to family favorite recipes. Blue Apron is the first and only meal-kit provider on the Walmart Marketplace platform, which serves millions of monthly active shoppers.

Benchmark started coverage of Blue Apron stock this week. Its $10 target price compares with a $9.33 consensus target and a final share price on Friday of $2.95 down close to 10% on no news.

Ericsson

This well-known Swedish telecom and technology equipment stock has some serious upside potential. Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) provides communication infrastructure, services and software solutions to the telecom and other industries. It operates through the following four segments.

The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support.
Ericsson’s Networks segment offers hardware, software and related services for radio access and transport, as well as related services, such as design, tuning, network rollout and customer support. The Digital Services segment provides products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication and cloud infrastructure, as well as consulting, learning and testing services.

The Managed Services segment offers networks and IT-managed network design and optimization, and application development and maintenance services to operators.

The Emerging Business and Other segment consists of emerging businesses, including Internet of Things; iconectiv; Cradlepoint that provides wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind and other new businesses.

The $11 target price at Cowen is in line with the consensus target of $11.04. Ericsson stock last traded on Friday at $7.33.

TechnipFMC

This is a solid small-cap energy play for investors looking for a European angle. TechnipFMC PLC (NYSE: FTI) engages in the oil and gas projects, technologies and systems and services businesses in Europe, North and Latin America, Africa, and elsewhere.

The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation and life of field services for subsea systems, subsea field infrastructure and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and processing systems; subsea umbilicals, risers and flowlines; vessels; and Subsea Studio for optimizing the development, execution and operation of current and future subsea fields. This segment also offers well and asset services; research, engineering, manufacturing and supply chain services; and product management services.

The Surface Technologies segment designs, manufactures and services products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment offers drilling and completion systems; surface wellheads and production trees systems; iComplete, a digitally enabled pressure control system; fracturing tree and manifold systems; pressure pumping; well service pumps; well control, safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; flowback and well testing services; skid systems; automation and digital systems; and flow measurement and automation solutions.

The company also offers planning, testing, installation, commissioning, operations, replacement, upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning and abandonment services. It supplies flexible lines and flowline products and services. TechnipFMC has a strategic alliance with Talos Energy to develop and deliver technical and commercial solutions to carbon capture and storage projects.

Cowen has set a $14 target price, well above the consensus target on TechnipFMC stock of $9.24. The stock closed trading at $6.22 on Friday.

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These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.

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