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Industry Focus

Healthcare: 3 Stocks Under $30

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 26 July 2017

⏱️ 23 minutes

🧾️ Download transcript

Summary

Hunting for new small cap stocks to watch? We've got you covered. In today's show, we discuss how NovoCure, Flexion Therapeutics, and Zogenix want to shake-up healthcare.

Transcript

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0:00.0

Support for Industry Focus comes from our friends at Rocket Mortgage by Quicken Loans.

0:04.0

Home plays a big role in your life.

0:06.0

That's why Quicken Loans created Rocket Mortgage.

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It lets you apply simply and understand the entire mortgage process fully

0:12.0

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0:13.7

right mortgage for you. To get started go to rocket mortgage.com slash fool.

0:18.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:25.0

On Wednesdays, we cover health care and Wednesday it is.

0:28.0

Today's date is July 25th and I'm your host Christine Hargis.

0:32.0

I'm joined via Skype by Todd Campbell

0:33.6

full-com health care specialist Todd what's new and exciting.

0:37.1

Christine not a whole tremendous amount is going on. We're getting some work done at Todd HQ, which is of course taking up a little bit of time, effort and energy.

0:50.0

You know, you've got to love those roofing projects, right? You've got to figure out exactly who to hire and how to get it all done but you know I think we'll come out on the other side a lot drier

0:58.0

Yeah, maybe you'll stop getting rain on one these days. It may be, I hope so.

1:03.3

So today's topic we are calling three under 30, as in three stocks trading for $30 or less.

1:10.8

We'll be talking about Novocur, Flexion, and Zogenix. But first we want to emphasize that $30 per share,

1:18.5

that's a number that's pretty arbitrary. A common misconception about stocks is that their price works like the price of goods

1:24.9

where a $100 pair of shoes is more expensive than a $50 pair.

1:30.3

But what you have to remember is that the price of a company, what its value actually is is comes down to its market capitalization or its market cap.

1:37.0

And that's the price per share multiplied by the total number of shares outstanding.

1:41.0

That tells you the actual price of the company and for the

1:44.4

companies that we're talking about today that range will be from about 300 million

...

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