Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Regional banking company Renasant (NYSE:RNST) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 4.2% year on year to $170.6 million. Its non-GAAP profit of $0.66 per share was 8.5% above analysts’ consensus estimates.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. But concerns about loan losses and tightening regulations have tempered enthusiasm,
and over the past six months, the banking industry has pulled back by 10.6%. This performance was particularly disheartening since the S&P 500 held its ground.
Trump's second term could bring protectionist trade policies, potential benefits for domestic banks and steel producers, and a friendly stance towards mineral projects.
Renasant shares are trading lower by 5.5% during Tuesday's session. The company announced pricing of its public offering of 6.25 million shares of common stock.
