Top 5 Stocks Under $20

What can $20 buy you? Nowadays, it doesnt seem like much. Depending on where
you are and what you drive, a $20 bill may buy you half a tank of gas if youre
lucky. You could buy 2 movie tickets or dinner for 2 at a fast food place.
Perhaps, if youre really thrifty, you can stretch $20 to pay for your lunch for
a week. Its no secret that the dollar doesnt stretch as far as it used to. On
the stock market, it could take a few hundred dollars to buy a single share of
your big-name companies like Apple (NASDAQ: APPL ), Mastercard (NYSE: MA ) or
Amazon (NASDAQ: AMZN ). That being said, its important to know that there are
some untapped springs of wealth you can dive into at bargain prices. Ive put
together a list of five stocks that you can establish a position in for less
than $20 per share. In no time, youll see your profits multiply as these
top-rated stocks take off. Zagg Inc. (NASDAQ: ZAGG ) stands for Zealous About
Great Gadgets. This company caters to the inner geek in many of us, making
accessories that protect our beloved gadgets, including smartphones, laptops,
GPS devices and watch faces. The company got its start in 2005 when someone made
the connection that a thin polyurethane film, invented by the military to
protect helicopter blades, could also cover fragile display screens on pricey
electronics. Chances are that if you own a smartphone or MP3 player and have
purchased a protective screen for it, then Zagg has had a hand in protecting it.
Zagg recently hit a major homerun with its portable keyboard screen design for
Apples iPad models. Over the past year, this little-known stock has soared 69%.
ZAGGs full year growth is expected to be over double that of the rest of the
industry. At nearly $13 per share, this stock is a steal. As the company
continues to zealously produce great gadgets, consumers will continue to snatch
them up and the stock will keep climbing. Majesco Entertainment Company (NASDAQ:
COOL ) develops games for Sonys PlayStation, Microsofts Xbox and Nintendos Wii
game systems, as well as games for personal computers. The company is originally
known for action titles such as BloodRayne, Black & Bruised and Blowout, but
more recently made headlines with the very popular Zumba Fitness video game for
the Wii. Majesco Entertainment has made a critical shift in 2011 and investors
cant get enough of the stock. Majesco moved its development efforts to
lower-priced value offerings, which gave the company its first profitable
quarter in 12 months. With a new business strategy in hand and several
profitable game franchises in development, Majesco will likely be a heavyweight
in the gaming world for the foreseeable future. By the end of the year, COOL is
expected to have grown 1,100% compared with 30.9% for the rest of the industry.
Shares of COOL can be purchased for just over $3 a pop.