Top Stock Under $10 - TTWO

Stocks under $10 are there for a reason but everyone loves a little speculation in their portfolio.

I have been eyeing this one since they rejected the ERTS bid and in my view, this is one of the best stocks under $10, in the entire market. When the stock was in play, it was at $26ish and now is at $6ish! Video games have been said to be "recession proof" but I probably would not go that far. However, I like the fundamentals behind the firm. The balance sheet is amazing, holding $280 million in cash, with small L-T debt of only $70 million, and no S-T debt, showing nice cash flow. In addition, the firm is selling at a market cap of $497 million!! (wow!) The book value of this stock is $7.92 for heaven sake. I love the firm's cash levels, which represent nearly $3 a share, and the firm has a great product line. With solid partnerships, TTWO has games like Grand Theft Auto IV, NBA 2K9, and BioShock, that are top-sellers every year.

With that being said, I think this is a good shot for a stock under $10. Do the homework but the technicals are improving. This is worth a serious look.