Most people tend to think it is scary to buy a $60 stock. In reality, it is no different then buying a $2 stock. It is more of a gamble to buy a $2 stock than a $60 stock. Many big institutions that really drive the stock price up do not back $2 stocks, for the most part. They want a company they know is secure and will continue to rise in price. In a study conducted by William O’neil, the stocks that rose 200%+ in a short time all started out on average at $28.  You need to think of the stock market like eBay. If a stock is selling at $2 there is a reason it only sells for $2. This stock is not in huge dmand. The $28+ stocks as mentioned beofre are high because of demand. This means they have more of a chance to go up.  I am not saying that a $2 stock can’t go to $200 but the chances of this happening are slim to none. Make sure to buy into companies with good financials and improving earnings and revenue. These stocks are where you can make the most with the least amount of risk.