Wall street wallflowers are stocks that are largely ignored by most professional stock analysts. These are usually companies that have no “sex appeal” and whose market cap is small. The majority of these companies trade as “penny stocks” – stocks that trade under $5 per share.
For example, a company that specializes in selling fluorescent lighting for government buildings and schools and has a market cap of less than 10 million could be considered a “wallflower stock.” There’s no new technology here, no new patent, and nothing that’s going to captivate the imagination of the news media and most investors. In fact, it’s rather boring mundane stuff.But guess what? There’s often a real need in our society for boring and mundane products and services. Read more