But while major legacy carriers could move substantially higher as we вЂњreturn to normal,вЂќ lesser-known names like MESA stock may also offer greater potential for big gains. Yet, like with casinos, this may be a вЂњbuy the dipвЂќ situation for daring investors. But, since then, shares have cooled back, as air traffic remains sluggish. Shares in major and minor carrier saw a boost during that timeframe. Like seen with gaming stocks, airline stocks were another area where things went up too fast too soon in early June. But consider it a high-risk opportunity for three-digit gains if the company survives todayвЂ™s tough times. In short, donвЂ™t bet the ranch on FNKO stock. Even a modicum of improvement could mean potential gains outweigh the substantial downside risk.

Also, the company is set to release quarterly earnings and updated guidance in a few weeks. With a reworked credit agreement, the company should be able to ride things out and avoid Chapter 11. Things are already moving in the right direction. But before the outbreak, the stock sold for more many times that, at prices above $15.50 per share. Right now, the stock trades just under $6 per share. So why invest in such a high-risk opportunity? While shares could go to zero if bad times continue, a faster-than-expected recovery could send shares soaring. With the coronavirus, this company has been in a bit of a liquidity crunch.ДЄs Seeking Alpha wrote back in April, the recent shutdowns вЂњ will severely impact the companyвЂ™s sales.вЂќ Add in the high debt load and thereвЂ™s a good chance this company could wind up in bankruptcy down the road. Yet the very reason this stock has joined the micro-cap legion highlights a key risk. Known for its Funko Pop brand figurines, FNKO stock is a fairly well known micro-cap name. But, for an overlooked casino stock with sports betting growth potential, keep this name on your radar. Keep in mind casino stocks continue to face uncertain prospects. Considering this stock traded above $8 per share pre-pandemic, thereвЂ™s plenty of upside left on the table. Shares currently trade for around $4.15 per share. With the sports betting legalization wave continuing from coast-to-coast, this game-changer is another major catalyst for CNTY stock. Through its partnership with bet365, Century Casinos is a sports betting play as well. And not just because its casinos will soon no longer be sitting idle. The company, which operates casinos across the U.S., Canada and Europe, has jumped five-fold off prior lows.Д«ut thereвЂ™s still plenty of runway on the table. Micro-cap stocks like CNTY stock are also worth considering. However, opportunities to bet on gaming stocks arenвЂ™t just limited to well-known giants.

This is why major casino stocks, from MGM Resorts (NYSE: MGM) to Wynn (NASDAQ: WYNN), have pulled back.Д®ven so, now may be the time to make a bet on a casino industry rebound.

Yet, itвЂ™s a long road back to where it was pre-pandemic. Gamblers may be slowly getting back to the table. But, in the weeks since, the enthusiasm has cooled a bit. But each has the potential for big gains.ДЇrom late May to early June, casino stocks soared as lockdown orders came to an end. Yes, they are all вЂњhigh-riskвЂќ investments. Others are value names beaten down by the coronavirus selloff. Some of these names have game-changing catalysts around the corner.

Universal Technical Institute (NYSE: UTI).

With this in mind, what kinds of micro-cap stocks should you consider? Screening the markets, I found five names that could be worth gambling on: ItвЂ™s not hard to find a micro-cap stock trading for half of its underlying value, or even less. And that means there is much more mispricing. Given their small size, Wall Street analysts ignore them and institutional players canвЂ™t invest due to size limitations.ДЄs a result, the micro-cap space is much less efficient. And thatвЂ™s true whether you like to buy growth stocks or value stocks.ДЇor growth investors, micro-cap stocks allow you to вЂњget in on the ground floor.вЂќ Companies just about to the change the game can be readily found when screening for micro-caps.ДЇor value investors, micro-cap stocks are also prime hunting ground. Yet with that high-risk comes big opportunity. Due to their small size (market capitalization of $300 million or less), their share prices rise and fall at greater speed than large-cap (market capitalization of $10 billion or more) stocks. Granted, these names are much more volatile. But if youвЂ™re looking for opportunity hiding in plain sight, consider investing in micro-cap stocks. FAANG stocks have been dominating the headlines during the novel coronavirus pandemic, and some investors may be temped to chase those recent gains.

Best micro cap stocks 2013