Stocks trading in the $1-10 range are generally smaller players with less risk than their penny stock counterparts. But that doesn’t mean the underlying businesses are cheap, and we advise caution as many have questionable fundamentals.

The bad behavior exhibited by lower-quality companies in this space can spook even the most seasoned professionals, which is why we started StockStory - to separate the good from the bad. That said, here are three stocks under $10 to swipe left on and some alternatives you should look into instead.

SunOpta (STKL)

Share Price: $4.77

Committed to clean-label foods, SunOpta (NASDAQ: STKL) is a sustainability-focused food and beverage company specializing in the sourcing, processing, and packaging of organic products.

Why Is STKL Risky?

1. Products have few die-hard fans as sales have declined by 1.6% annually over the last three years
2. Smaller revenue base of $792.4 million means it hasn’t achieved the economies of scale that some industry juggernauts enjoy
3. Gross margin of 15.4% is below its competitors, leaving less money to invest in areas like marketing and production facilities

At $4.77 per share, SunOpta trades at 27.4x forward P/E. Dive into our free research report to see why there are better opportunities than STKL.

Gray Television (GTN)

Share Price: $4.53

Specializing in local media coverage, Gray Television (NYSE: GTN) is a broadcast company supplying digital media to various markets in the United States.

Why Do We Think GTN Will Underperform?

1. Lackluster 9.1% annual revenue growth over the last five years indicates the company is losing ground to competitors
2. Eroding returns on capital from an already low base indicate that management’s recent investments are destroying value
3. High net-debt-to-EBITDA ratio of 6× could force the company to raise capital at unfavorable terms if market conditions deteriorate

Gray Television’s stock price of $4.53 implies a valuation ratio of 7x forward EV-to-EBITDA. Check out our free in-depth research report to learn more about why GTN doesn’t pass our bar.

Xerox (XRX)

Share Price: $2.25

Pioneering the modern office copier and inventing technologies like Ethernet and the laser printer, Xerox (NASDAQ: XRX) provides document management systems, printing technology, and workplace solutions to businesses of all sizes across the globe.

Why Should You Dump XRX?

1. Customers postponed purchases of its products and services this cycle as its revenue declined by 2.6% annually over the last five years
2. Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable
3. 8× net-debt-to-EBITDA ratio makes lenders less willing to extend additional capital, potentially necessitating dilutive equity offerings

Xerox is trading at $2.25 per share, or 4x forward P/E. Read our free research report to see why you should think twice about including XRX in your portfolio.

Stocks We Like More

Check out the high-quality names we’ve flagged in our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.