Investing

5 Sizzling Cathie Wood ARK Investment Stocks Trade Under $10 and Have Huge Upside Potential

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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. Nvidia, which has exploded higher on AI semiconductor chips, traded under $10 for years. 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 very well offer patient investors some huge returns the rest of 2023 and beyond. Specifically, we screened all the stocks in Cathie Wood’s ARK funds trading under $10 with big-time potential. While the following five stocks are ARK holdings and 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.

Archer Aviation

This company recently signed a potentially huge deal with the Air Force for air taxis. Archer Aviation Inc. (NYSE: ACHR) is an urban air mobility company that designs, develops, manufactures and operates electric vertical takeoff and landing (eVTOL) aircraft to carry passengers.

Archer Aviation is a leader in eVTOL aircraft, and it announced earlier this week that it has significantly expanded its partnership with the U.S. Department of Defense by signing new contracts with the U.S. Air Force with a total value of up to $142 million.


The new contracts signal the U.S. military’s recognition of the transformative potential that Archer’s innovative eVTOL aircraft brings to the country’s armed forces. This new execution phase of the partnership includes the delivery of up to six of Archer’s Midnight aircraft to the Air Force, the sharing of additional flight test data and certification-related test reports, pilot training and the development of maintenance and repair operations.

Canaccord Genuity started coverage of Archer Aviation stock earlier this summer. Its $9 target price compares with a $8.90 consensus target. The stock last traded on Friday at $5.06.

Nu Holdings

While lesser known than some of the other ARK funds stocks, this one could be ready to break out to new 52-week highs. Nu Holdings Ltd. (NYSE: NU) provides digital banking platform and digital financial services in Brazil, Mexico, Colombia and elsewhere. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills and make everyday purchases through their mobile phones.
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The company provides savings solutions, such as Nu Personal Accounts, a digital account solution that supports all personal finance activities, from daily purchases and money transfers to savings, as well as Nu business accounts designed specifically for entrepreneur customers and their businesses.

In addition, it offers NuCrypto, a solution for buying and selling cryptocurrencies through the Nu app. Its NuInvest is an investment product that provides equity, fixed-income, options and ETF products, as well as multimarket funds with curated asset allocations based on the customer’s risk profile and financial position. It offers personal unsecured loans, in-app buy now pay later solutions for Nu card customers to pay credit and debit purchases, and banking payment slips over time in up to 12 installments. NuInsurance protects solutions to help its customers secure life insurance and funeral benefits.

UBS has set its target price at $9.30, and Nu Holdings stock has a consensus target of $8.70. On Friday, shares closed at $7.25.

Robinhood Markets

This stock was the birthplace for a large part of the meme stock revolution and has continued to attract big trading volume. Robinhood Markets Inc. (NASDAQ: HOOD) operates a financial services platform in the United States that allows users to invest in stocks, exchange-traded funds ETFs), options, gold and cryptocurrencies.

The company also offers various learning and education solutions. Snacks is a digest of business news stories; Learn is a collection of approximately 650 articles, including guides, feature tutorials and a financial dictionary; Newsfeeds offers access to free premium news from various sites, such as Barron’s, Reuters and The Wall Street Journal; and Lists allow users to create custom watchlists to monitor securities, ETFs and cryptocurrencies, as well as cash management services.

Mizuho’s $15 price target is higher than the consensus target of $12.88, and Robinhood Markets stock last traded at $9.81 on Friday.

SoFi Technologies

This company took the SPAC route for its IPO and is a meme stock trader favorite. SoFi Technologies Inc. (NASDAQ: SOFI) provides digital financial services that allow its members to borrow, save, spend, invest and protect their money.

The company also offers student loans, personal loans for debt consolidation and home improvement projects and home loans. SoFi also provides cash management, investment and other related services.
In addition, Sofi operates Galileo, a technology platform that offers services to financial and non-financial institutions, and Apex, a technology-enabled platform that provides investment custody and clearing brokerage services.

SoFi Technologies stock has a $12 price target at Citigroup. The consensus target is $10.31, and shares were last seen on on Friday at $7.99.
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3D Systems

In 2014, this stock traded above $90. 3D Systems Corp. (NYSE: DDD) provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Asia Pacific and elsewhere.

The company’s 3D printers technologies include stereolithography, selective laser sintering, direct metal printing, multi-jet printing, color-jet printing, polymer extrusion and extrusion and SLA-based bioprinting that transform digital data input generated by 3D design software, computer-aided design (CAD) software or other 3D design tools into printed parts.

3D Systems also develops, blends and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental materials and biocompatible materials. In addition, the company provides digital design tools, including software, scanners and haptic devices, as well as solutions for product design, simulation mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology and inspection and manufacturing workflows under the Geomagic brand.


Further, 3D Systems offers 3D Sprint and 3DXpert, a proprietary software to prepare and optimize CAD data and manage the additive manufacturing processes, which provides automated support building and placement, build platform management, print simulation and print queue management. Its Bioprint Pro is a software solution that allows researchers to design and bioprint repeatable experiments. The company also provides maintenance and training services, manufacturing services and software and precision health care services.

Lake Street’s $11.50 price target is well above the consensus target of $8.75. 3D Systems stock closed at $4.91 on Friday.


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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