re: Stock newbie here

I'll give you a serious response. This board can be very condescending. A lot of people like to be jackasses to newbies, but everyone was there at one point.

A "cheap" stock doesn't necessarily mean it has a low price point. A $2 stock can be much more expensive than a $500 stock, simply because it may not be worth that much. To illustrate, Apple just had a stock split where they went from about $500 to under $100. Does that mean the stock is "cheaper"? Not at all, nothing changed with their financials they simply split the current stock resulting in more shares and each one being worth less than before.

As a poster said above, you are looking for value, which is very hard to find currently. Do yourself a favor a read a few books on investing before you make any moves.