The software industry has been gaining as companies switch to a recurring revenue model and more companies need their services. But not all companies are major players. There are some low priced software stocks that could see their shares rise in the months ahead. This includes Netsol Technologies (NTWK) and Immersion Corporation (NASDAQ:IMMR).Plenty of investors have ruled out investing in stocks priced under $10. There is a common misconception that any stock priced below double digits is unworthy of a position and possibly even on the road to being delisted.
The truth is many of the stocks currently trading in the hundreds were once priced around $10 or less. Do your research, invest wisely, and the stocks you add to your portfolio around $10 or less just might blossom.
In fact, you can find software stocks priced around $10 or less that have legitimate merit. Let's take a quick look at two such stocks in Netsol Technologies (NTWK) and Immersion Corporation (IMMR).