Best stocks under $10 to buy in 2023

CompoSecure designs and produces premium financial cards and provides professional services to clients around the world. The company’s patented metal card technology aims to improve the experience of affluent credit card users and increase customer spending and retention. 

In the most recent quarter, CompoSecure reported impressive growth numbers, including 17% year-over-year net income growth and 56% year-over-year net sales growth. Third-quarter revenue of $103.3 million, up from $66.2 million from the prior year, and earnings before interest, taxes, depreciation and amortization (EBITDA) of $32.7 million, an increase of 33%, were new quarterly records for CompoSecure.

The most common price target among the three analysts covering CMPO stock is $15.00.