Top 5 Stocks Under $20

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tdp2664 InvestorPlace What can $20 buy you? Nowadays, it doesn’t seem like much. Depending on where you are and what you drive, a $20 bill may buy you half a tank of gas — if you’re lucky. You could buy 2 movie tickets or dinner for 2 at a fast food place. Perhaps, if you’re really thrifty, you can stretch $20 to pay for your lunch for a week. It’s no secret that the dollar doesn’t 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, it’s important to know that there are some untapped springs of wealth you can dive into at bargain prices. I’ve put together a list of five stocks that you can establish a position in for less than $20 per share. In no time, you’ll 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 Apple’s iPad models. Over the past year, this little-known stock has soared 69%. ZAGG’s 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 Sony’s PlayStation, Microsoft’s Xbox and Nintendo’s 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 can’t 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.