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.
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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.

Skeptics of low-priced shares should remember that at one point Amazon, Apple and Netflix traded in the single digits. One stock we featured over the years, Zynga, was purchased by Take-Two Interactive. Cogent Biosciences, which we featured last March, has tripled since then.

We screened our 24/7 Wall St. research database looking for smaller cap companies that could offer patient investors some huge returns for 2023 and beyond. While these five stocks are rated Buy and have a ton of Wall Street coverage, it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.

Blink Charging

One Wall Street firm thinks this is a potential parabolic home run. Blink Charging Co. (NASDAQ: BLNK) owns, operates, manufactures and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally.

The company’s residential and commercial EV charging equipment enables EV drivers to recharge at various location types. The Blink Network is a cloud-based system that operates, maintains and manages various Blink charging stations and associated charging data, back-end operations and payment processing. It offers property owners, managers, parking companies and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations, and EV drivers with station information, including station location, availability and applicable fees.

The company also offers EV charging hardware, software services and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, health care/medicals, hotels, mixed-use and municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

H.C Wainwright’s $50 target price on Blink Charging stock is way above the $20.78 consensus target  and a closing share price of $8.65 on Friday.

This satellite provider has always been rumored to be a takeover target. Dish Network Corp. (NASDAQ: DISH) provides pay-TV services in the United States. It offers video services under the Dish TV brand, and its programming packages include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels and Latino and international programming packages.
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The company also provides access to movies and television shows through TV or internet-connected devices, and mobile applications on internet-connected devices to view authorized content, search program listings and remotely control certain features of DVRs.

In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange and Sling Blue services that require an internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles and phones. Its markets Sling TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services.

Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies.

The Citigroup target price is $18, but Dish Network stock has a $23.47 consensus target. The shares closed on Friday at $9.33.

Holley

Do-it-yourself car enthusiasts know this old-school company well. Holley Inc. (NYSE: HLLY) designs, manufactures and markets automotive aftermarket products for car and truck enthusiasts in the United States, Canada, Europe and China.

The company’s products include carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers, distributors, ignition components, engine tuners, automotive performance plumbing products and exhaust products, as well as shifters, converters, transmission kits, transmissions, tuners and automotive software. It also offers wheels, chassis and suspension products, helmets, head and neck restraints, seat belts, firesuits, and electronic control and monitoring systems.

The company sells its products under the Holley, Holley EFI, APR, MSD, Flowmaster, Powerteq, Accel and Simpson brands to retailers directly, as well as through distributors and online channels.

Last fall, the stock was added to the small-cap Russell 2000, which is a huge advantage as index funds that replicate the index in its entirety have to buy the shares.

Canaccord Genuity started covering Holley stock this week. Its $5 target price compares with a $4.03 consensus and Friday’s closing share price of $2.74.

This top tech stock from Brazil and offers big upside for aggressive growth investors. PagSeguro Digital Ltd. (NYSE: PAGS) provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants and small and medium-sized companies in Brazil and elsewhere.
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Its PagSeguro Ecosystem is a digital ecosystem that operates as a closed loop wherein its clients are able to address their primary day-to-day financial needs, including receiving and spending funds and managing and growing their businesses. The PagBank digital account offers banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services and cash-out options in a single ecosystem. PlugPag is a tool for medium-sized and larger merchants that enables them to connect their point-of-sale (POS) devices directly to their enterprise resource planning software or sales automation system through Bluetooth.

PagSeguro also offers cash-in solutions; online and in-person payment tools; and online gaming and cross-border digital services, as well as issues prepaid, credit and cash cards. In addition, the company provides functionalities and value-added services and features, such as purchase protection mechanisms, an anti-fraud platform, account and business management tools, and a POS app. It operates an online platform that facilitates peer-to-peer lending, and it is involved in processing of back-office solutions, including sales reconciliation and gateway solutions and services, as well as the capture of credit cards with acquirers and sub-acquirers.

PagSeguro Digital has a $12 target price at Citigroup, but the consensus target is up at $14.48. On Friday, shares last traded at $8.57 apiece.

Vivid Seats

If you need a ticket to a hot concert tour or sporting event, this could be the company to get it. Vivid Seats Inc. (NASDAQ: SEAT) operates as an online secondary marketplace for tickets in the United States and Canada.

Its Marketplace segment acts as an intermediary between event ticket buyers and sellers, and it processes ticket sales on its website and mobile applications through its distribution partners. It also sells tickets for live sports, concerts, and theater shows and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing and fulfill orders across multiple ticket resale marketplaces.

The Resale segment acquires tickets to resell on secondary ticket marketplaces, and it provides internal research and development support for Skybox and to deliver seller software and tools.

The $12 Raymond James target price compares with an $11.36 consensus target and a Vivid Seats stock price of $7.63 on Friday’s close.

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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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