Cash App Stocks Under $5: Best Cheap Stocks on Cash App Invest In (Penny Stocks)
Written By Claire Dickey | Fact Checked ✅ By Morgan Richard
Cash app stocks under $5. If you’ve ever wanted to invest in a penny stock, you’ve probably heard of one of the biggest names in the business: the social network Twitter. It’s not only an incredibly successful company but it’s also one of the cheapest stocks you can invest in. The problem is, it’s not always easy to find. But that’s where a new website called Cash App Stocks comes in.
Cash App is a digital money transfer app that lets you send and receive money from one account to another. Along with sending and receiving money, you can also invest and enjoy multiple benefits. A cash app works just like a digital bank that also provides you with an account and routing number.
With the Cash app, you can invest in stocks and also cryptocurrencies. The cash app also lets you invest in penny stocks that are traded on major exchanges like the New York Stock Exchange (NYSE).
Recommended Reading: How do i verify my cash app
Table of Contents
What are penny stocks?
A penny stock is a stock that trades for less than $4 per stock. These are the stocks of usually the companies having less than $300M or less market capitalization.
However, just because they are cheap does not mean they are not good stocks to invest in. Sometimes penny stocks can profit you a lot if you invest in the correct one.
Does Cash App Have Penny Stocks?
Yes, you can invest in penny stocks with the Cash app. For this, you might have to look for those stocks and find your best bet.
Cash App Stocks Under $5: Best Cheap Stocks on Cash App Invest In (Penny Stocks)
As you know, the price of stocks keeps fluctuating, hence it is quite difficult to classify the cheapest one for you. However, we can provide you with some of the stock companies you can invest in with the cash app.
How to find penny stocks in the Cash app?
You can check the price of penny stocks in the Cash app. For this follow the steps below:
- Launch the Cash app on your device.
- Now, click on the investing tab.
- Now, go to the search bar, and enter the company’s name you want to see the stock prices of.
- Choose the company from the list.
- Now scroll down and view the details.
If you select an already purchased company’s stocks, it will display the stock you hold with that company.
Recommended Reading: How old do you have to be to get a cash app card
How to buy stocks in the Cash app?
You can buy and sell stock on the Cash app easily. Follow the steps to buy a stock on Cash App:
- Launch the Cash app on your device.
- Click on the investing tab and reach the stock trading platform.
- You can see the stocks in your watchlist as well as the biggest and most traded stocks of the day.
- Now, tap on the company’s name whose stocks you want to buy.
- You can view the performance of the stock on the next page.
- If you want to buy the stock, tap on the “buy” option.
- Enter the amount of money you want to invest in the stock.
How to sell a stock on Cash App?
You can sell a stock by performing the following steps:
- Launch the Cash App n your device.
- Tap on the banking tab on your home screen.
- Scroll down and go to “my portfolio.”
- Select the company whose stocks you want to sell and press “sell.”
- Press “confirm” to sell the stock.
- You might be required to provide the touch ID to PIN to confirm.
Some of the companies in Cash App
AUY – Yamana Gold
AVB – AvalonBay
AVGO – Broadcom
AVLR – Avalara
AVO – Mission Produce
AVTR – Avantor
AVY – Avery Dennison
AWK – American Water
AXP – American Express
AXTA – Axalta Coating Systems
AYI – Acuity Brands
AYX – Alteryx
AZN – Astrazeneca
AZO – AutoZone
BPY – Brookfield Property Partners
BR – Broadridge
BRK.A – Berkshire Hathaway
BRKS – Brooks Automation
BSX – Boston Scientific
BTI – British American Tobacco
BUD – Anheuser-Busch Inbev
BURL – Burlington Coat Factory
BUZZ – VanEck Vectors Social Sentiment ETF
BWA – BorgWarner
BX – The Blackstone LP
BXP – Boston Properties
BYD – Boyd Gaming
BYND – Beyond Meat
CSIQ – Canadian Solar
CSL – Carlisle
CSX – CSX
CTAS – Cintas
CTLT – Catalent
CTSH – Cognizant Technology Solutions
CTVA – Corteva
CTXS – Citrix
CVAC – CureVac
CVE – Cenovus Energy
CVNA – Carvana
CVS – CVS
CVX – Chevron
CYBR – CyberArk Software
CZR – Caesars Entertainment
DOV – Dover
DOW – Dow
DPZ – Domino’s
DRE – Duke Realty
DRI – Darden Restaurants
DRVN – Driven Brands
DSEY – Diversey
DSGN – Design Therapeutics
DT – Dynatrace
DTE – DTE Energy
DUK – Duke Energy
DVA – DaVita
DVAX – Dynavax
DVN – Devon Energy
DXC – DXC Technology
DXCM – DexCom
ESTC – Elastic NV
ET – Energy Transfer
ETN – Eaton
ETR – Entergy
ETSY – Etsy
EVRG – Evergy
EW – Edwards Lifesciences
EWC – Canada MSCI ETF iShares
EWG – Germany MSCI ETF iShares
EWH – Hong Kong MSCI ETF iShares
EWJ – iShares MSCI Japan ETF
EWT – Taiwan MSCI ETF iShares
EWU – United Kingdom MSCI ETF iShares
EWY – iShares MSCI South Korea ETF
EWZ – iShares MSCI Brazil ETF
EXAS – Exact Sciences
EXC – Exelon
EXPD – Expeditors Internationa
FRT – Federal Realty Investment Trust
FSLR – First Solar
FSLY – Fastly
FSR – Fisker
FTCH – Farfetch
FTI – TechnipFMC
FTNT – Fortinet
FTV – Fortive
FUBO – fuboTV
FVRR – Fiverr International
FXI – iShares China Large-Cap ETF
GOLD – Barrick Gold
GOOGL – Alphabet
GPC – Genuine Parts
GPN – Global Payments
GPRO – GoPro
GPS – Gap
GRMN – Garmin
GRUB – GrubHub
GRWG – GrowGeneration
GS – Goldman Sachs
GSK – GlaxoSmithKline
GT – Goodyear
GWRE – Guidewire Software
GWW – Grainge
HQY – HealthEquity
HRB – H&R Block
HRL – Hormel Foods
HSBC – HSBC
HST – Host Hotels & Resorts
HSY – Hershey
HUBS – HubSpot
HUM – Humana
HWM – Howmet Aerospace
HYG – iShares iBoxx $ High Yield Corporate Bond ETF
HYLN – Hyliion
HZNP – Horizon Therapeutic
IRBT – iRobot
IRM – Iron Mountain
IRTC – iRhythm Technologies
ISRG – Intuitive Surgical
IT – Gartner
ITB – US Home Construction iShares
ITOT – Core S&P Total US Stock Mkt iShares ETF
ITUB – Itau Unibanco
ITW – Illinois Tool Works
IVV – iShares Core S&P 500 ETF
IVW – S&P 500 Growth Index iShares
IVZ – Invesco
IWB – iShares Russell 1000 ETF
IWD – Russell 1000 Value ETF iShares
IWF – iShares Russell 1000 Growth ETF
IWM – iShares Russell 2000 ETF
IWN – iShares Russell 2000 Value ETF
IWO – Russell 2000 Growth ETF iShares
JAZZ – Jazz Pharmaceuticals
JBHT – J.B. Hunt
JBLU – JetBlue Airways
JCI – Johnson Controls
JD – JD.com
JKHY – Jack Henry & Associates
JNJ – Johnson & Johnson
JNK – SPDR Bloomberg Barclays High Yield Bond ETF
JNPR – Juniper Networks
JPM – JPMorgan Chase
JWN – Nordstrom
KGC – Kinross Gold
KHC – Kraft Foods
KIM – Kimco Realty
KKR – KKR & Co
KL – Kirkland Lake Gold
KLAC – KLA-Tencor
KMB – Kimberly-Clark
KMI – Kinder Morgan
KMX – CarMax Inc
KNSL – Kinsale Capital
KNX – Knight-Swift Transportation
KO – Coca-Cola
KR – Kroger
KRC – Kilroy Realty
KRE – SPDR S&P Regional Banking ETF
KSS – Kohl’s
KSU – Kansas City Southern
LQD – iShares iBoxx $ Investment Grade Corporate Bond ETF
LRCX – Lam Research
LSXMK – Liberty Media
LTHM – Livent
LU – Lufax
LULU – Lululemon
LUMN – Lumen Technologies
LUV – Southwest Airlines
LVS – Las Vegas Sands
LW – Lamb Weston
LXRX – Lexicon Pharmaceuticals
LYB – LyondellBasell
LYFT – Lyft
LYV – Live Nation Entertainment
MRVL – Marvell
MS – MorganStanley
MSCI – MSCI
MSFT – Microsoft
MSI – Motorola Solutions
MSP – Datto
MSTR – MicroStrategy
MTB – M&T Bank
MTCH – Match
MTD – Mettler-Toledo International
MTN – Vail Resorts
MTZ – MasTec
MU – Micron Technology
MUR – Murphy Oil
MVIS – Microvision
NTES – NetEase
NTLA – Intellia Therapeutics
NTNX – Nutanix
NTR – Nutrien
NTRA – Natera
NTRS – Northern Trust
NUAN – Nuance Communications
NUE – Nucor
NUS – Nu Skin
NVAX – Novavax
NVCR – NovoCure
NVDA – NVIDIA
NVO – Novo Nordisk
NVR – NVR
NVRO – Nevro
NVS – Novartis
NVTA – Invitae
NWL – Newell Brands
NXPI – NXP Semiconductors N.V.
NXST – Nexstar Media Group
NYCB – New York Community Bank
NYT – New York Times
O – Realty Income
OC – Owens Corning
ODFL – Old Dominion Freight Line
OGS – ONE Gas
OKE – ONEOK
OKTA – Okta
OLED – Universal Display
OLK – Olink
OLLI – Ollie’s Bargain Outlet
OLO – Olo
OMC – Omnicom Group
ON – ON Semiconductor
ONEM – 1Life Healthcare
OPEN – Opendoor
PTC – PTC
PTON – Peloton
PTVE – Pactiv Evergreen
PVH – PVH
PWR – Quanta Services
PXD – Pioneer Natural Resources Company
PYPL – PayPal
PZZA – Papa John’s International, Inc.
QCOM – Qualcomm
QDEL – Quidel
QLYS – Qualys
QQQ – Invesco QQQ Trust
QRVO – Qorvo
QS – QuantumScape
QSR – Restaurant Brands International
QTWO – Q2 Holdings
RAD – Rite Aid
RARE – Ultragenyx Pharmaceutical
RBLX – Roblox
RCII – Rent-A-Center
RCL – Royal Ca
SWK – Stanley Black & Decker
SWKS – Skyworks
SWN – Southwestern Energy
SYF – Synchrony Financial
SYK – Stryker
SYY – Sysco
T – AT&T
TAL – TAL Education Group
TAP – Molson Coors
TCOM – Trip.com Group
TD – Toronto-Dominion Bank
TDG – Transdigm
TDOC – Teladoc Health
TDUP – ThredUp
TDY – Teledyne
TEAM – Atlassian
TECH – Bio-Techne
TECK – Teck Resources
WLTW – Willis Towers Watson
WM – Waste Management
WMB – Williams Companies
WMG – Warner Music
WMT – Walmart
WOOF – Petco
WORK – Slack
WPC – W. P. Carey
WPM – Wheaton Precious Metals
WRK – WestRock Company
WSM – Williams-Sonoma
WST – West Pharmaceutical Services
WU – Western Union
WW – Weight Watchers
WWE – World Wrestling Entertainment
WY – Weyerhaeuser
WYNN – Wynn Resorts
X – United States Steel
XBI – SPDR S&P Biotech ETF
XEL – Xcel Energy
XHB – S&P Homebuilders SPDR ETF
XL – XL Fleet
XLB – Materials Select Sector SPDR Fund
XLC – Communication Services Select Sector SPDR Fund
XLE – Energy Select Sector SPDR Fund
XLF – Financial Select Sector SPDR Fund
XLI – Industrials Select Sector SPDR Fund
XLK – Technology Select Sector SPDR Fund
XLNX – Xilinx
XLP – Consumer Staples Select Sector SPDR Fund
XLU – Utilities Select Sector SPDR Fund
XLV – Health Care Select Sector SPDR Fund
XLY – Consumer Discretionary Select Sector SPDR Fund
XOM – Exxon Mobil
XOP – SPDR S&P Oil & Gas Explor & Product
XPEV – XPeng
XPO – XPO Logistics
XRAY – Dentsply Sirona
XYL – Xylem
YALA – Yalla Group
YELP – Yelp
YETI – YETI
YNDX – Yandex
YUM – Yum! Brands
YUMC – Yum China
Z – Zillow
ZBH – Zimmer Biomet
ZBRA – Zebra Technologies
ZEN – Zendesk
ZH – Zhihu
ZI – ZoomInfo
ZION – Zions Bank
ZM – Zoom
ZNGA – Zynga
ZS – Zscaler
ZTS – Zoetis
These are just names of a few companies available to invest in the Cash app. There are many more companies available, to invest in the Cash app. There can be new companies added or delisted with time so make sure you do your research beforehand.
Note: buy and sell stocks at your own risk. We do not provide professional advice on the stock market.
What are some Cash App companies for investing in stocks?
- Uber Technologies, Inc. (NYSE: UBER)
- Facebook, Inc. (NASDAQ: FB
- Alibaba Group Holding Limited (NYSE: BABA)
- Fiserv, Inc. (NASDAQ: FISV)
- PayPal Holdings, Inc. (NASDAQ: PYPL)
- Shopify Inc. (NYSE: SHOP)
- Square, Inc. (NYSE: SQ)
- Alphabet Inc. (NASDAQ: GOOGL)
- Sea Limited (NYSE: SE)
- Apple Inc. (NASDAQ: AAPL)
The risk associated with Stocks:
Penny stocks can be riskier than other stocks, and there are certain risks associated with them. Hence, it is better to know the risks beforehand to take precautions before starting investing.
Price fluctuations:
Penny stocks are highly susceptible to price fluctuations. These fluctuations can be extreme, causing you to lose or win large amounts.
De-listing
If the company fails to meet the requirements of the NYSE or the NASDAQ, it might get delisted. If such a thing happens, it might be trouble to get the stocks of that company to sell.
Halts in trading:
There can be sudden halts in the trading market if there are extreme fluctuations sometimes. These halts are designed to protect panic selling among traders. With these halts, trades can be canceled or sold at a lesser price.
Bankruptcy
Smaller companies which provide penny stocks are high at risk of becoming bankrupt. If such a thing happens, you might lose all the money you invested in the stocks.
Conclusion: Cash App Stocks Under $5
Investing in penny stocks can get you a lot of profit if you choose the right one.
The good thing is Cash App lets you invest in different types of stocks within your account. You just need to do a little research and look up the companies available on the cash app.
Penny stocks are a better option to invest as you do not need to invest a lot of money. There are risks too, but that comes with even the biggest of companies. You might need to invest for the long term, but with patience comes the fruit!
