Simple Concepts Research Group

Cheap Stock to Buy Under $3 for September 2021

by | Sep 16, 2021 | Stock Picks

Our Picks of the Best Cheap Stocks to Buy Under $3 for September 2021 (Including Stock Price Targets)

It’s great to know how to spot a good company trading cheaply in the market. One of the attractive features of focusing on micro and small cap stocks is that they allow investors to buy a lot of shares for a smaller amount of capital.

Here are the 3 best stocks under $3 for the month of September 2021. We invite you to also take a closer look at their performance since being added to our Stock Portfolio.

All companies were identified using the Simple Investing Success stock screener, which scans for companies meeting our simple criteria of cheap and good, using simple metrics for discount and valuation.

Top 3 Picks for September 2021

Let’s take a closer look at each company.

arc document solutions

ARC Document Solutions (ARC)

ARC Stock Rating
  • Earnings Yield: 38.02%
  • 52-week range: $0.85 – $3.15
  • Analyst Price target: $4.72
  • Price/Free Cash Flow: 2.35
  • Price/Sales: 0.39
  • Price/Earnings: 15.17
  • ROIC: 2.78%

ARC Document Solutions provides a wide variety of document distribution and graphic printing services for a variety of businesses, particularly in commercial real estate, construction and design. The company also resells printing and imaging equipment to architectural, engineering, and construction firms (in addition to providing equipment service and maintenance).

agrofresh agfs stock

AgroFresh Solutions (AGFS)

AGFS Stock Rating
  • Earnings Yield: 11.84%
  • 52-week range: $1.81 – $3.09
  • Analyst Price target: $5.06
  • Price/Free-Cash-Flow: 2.35
  • Price/Sales: 0.66
  • ROIC: -5.14%

AgroFresh Solutions provides data-driven technologies and services to enhance fresh produce quality and extension of shelf life. The company is composed of two segments: AgroFresh Core and Tecnidex. It offers harvesting tech solutions primarily in the following fruit categories: apples, pears, citrus, kiwifruit, avocados, and bananas. AgroFresh also provides support to growers, packers, and retailers along the supply chain in order to enhance freshness and quality, while reducing waste.

waitr holdings stock price

Waitr Holdings (WTRH)

WTRH Stock Rating
  • Earnings Yield: 11.53%
  • 52-week range: $0.91 – $4.57
  • Analyst Price Target: $5.03
  • Price/Free-Cash-Flow: 4.84
  • Price/Sales: 0.52
  • ROIC: -1.19

Waitr operates an online ordering technology platform and mobile app that provides delivery, carryout and dine-in options for customers in cities across the southern United States (i.e. Meridian, MS, Montgomery, AL and other rural underserved cities by the big food delivery apps). The company focuses on bringing tech dining options and infrastructure to underserved populations of restaurants, grocery stores and diners and establishing strong market presence in the markets in which it operates.

Be sure to add these picks to your Watch List and if you haven’t done so already, check in on the performance of our Current Portfolio.