Stock Under 20 - You Won’t Believe What You’re Missing
A stock under 20 dollars exists. Yes, it does, and there are several companies right now - even those seemingly hard-to-reach companies (at least, for the common people) - that have stock prices lower than $20. It’s an investment opportunity one should immediately grab. After all, a few bucks could become a hundred dollars through the right investments.
Seasoned financial advisors urge people to take advantage of those low stock prices of several companies.
That’s based on a report by Yahoo! Financepublished in August 2022. It mentioned that according to financial advisors, there could be a “silver lining” in those companies offering a stock under 20 dollars.
Water vapor looking like white smoke billowing on top of four cooling towers in a nuclear power plant
The said report revealed the following stocks people should consider:
Battalion Oil (BATL)- onshore oil and natural gas (Oklahoma)
Kinder Morgan (KMI)- oil and gas pipelines and terminals (Texas)
Lucid Group (LCID)- electric vehicles (EVs; California)
NuScale Power (SMR)- nuclear power plant (Oregon)
Pennant Group (PNTG)- home health care services (Idaho)
Company, Stock Exchange, and Ticker
Stock Price (as of October 8, 2022; in U.S. Dollars)
The Motley Fool reminds its readers that investing is not exclusively for the wealthy ones. With stock under 20 dollars, such a notion should be disregarded.
Even stocks involving tech companies are now within reach of people with limited funds.
Snapchat logo of an outline of a white ghost and yellow background on a smartphone; SEMrush logo of fireball
Below are five stocks under 20 dollars recommended by The Motley Fool:
Amplitude (AMPL)- software (California)
LG Display (LPL)- electronics (South Korea)
Semrush Holdings (SEMR)- software as a service or SaaS (Massachusetts)
Snap (SNAP)- social media (California)
Telefonaktiebolaget LM Ericsson (ERIC-B)- telecommunications (Sweden)
Company, Stock Exchange, and Ticker
Stock Price (as of October 8, 2022; in U.S. Dollars)
When we say a blue-chip stock, it means a stock from a well-established firm that has a proven financial stability. Think of the Coca-Cola Company. Or Boeing and IBM.
The good news is that people can invest in some of these blue-chip companies as there is now a stock under 20 dollars available for the taking.
Ford logo attached to a car’s bumper; AT&T globe logo on a white block
Here are three blue-chip companies with a stock under 20 dollars, per Yahoo! Finance:
AT&T (T)- telecommunications (Texas)
Barrick Gold (GOLD)- mining (Canada)
Ford Motor Company (F)- automobile (Michigan)
Company, Stock Exchange, and Ticker
Stock Price (as of October 8, 2022; in U.S. Dollars)
People should grab the opportunity to invest in a stock under 20 dollars.
It is possible prices may go up without warning in the immediate future, like what the Yahoo! Finance report learned from financial advisors.
As strategic adviser Sean Ross, the founder of freelance hub Free Lances, Ltd. (est. 2017), wrote this piece of advice in his Investopedia article published in June 2022:
“„
Investing just $100 a month over a period of years can be a lucrative strategy to grow your wealth over time.- Sean Ross, Investopedia
Now while $100 might still be too big to cough up for the common people, a stock under 20dollars would be a good start for them.
James Pierce, a Finance and Crypto expert, brings over 15 years of experience to his writing. With a Master's degree in Finance from Harvard University, James's insightful articles and research papers have earned him recognition in the industry.
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Alberto Thompson
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