You might be like me, always on the lookout for great investments that won't break the bank. There’s quite a few quality stocks out there under 100 dollars that can fit right into a diverse portfolio, and they’re not to be scoffed at. Take Ford for instance. Trading around $13 per share, Ford offers a great value for a company that’s been around for over a century. With the push towards electric vehicles, they’re making serious strides. Their Mustang Mach-E won the 2021 North American Utility Vehicle of the Year. Imagine what would happen if they sustain that kind of innovation!
Then there’s Pfizer, which trades around $45 per share. They made headlines with their COVID-19 vaccine, collaborating with BioNTech to become a household name even more than before. The bio-pharmaceutical space significantly benefits from such innovative products and consistent performance. Despite their stock price under $50, their revenue exceeded $80 billion in 2021. That alone is enough to give some confidence in buying their stock.
Let’s not forget Advanced Micro Devices (AMD). It’s hovering around $90 per share. Look, everyone knows the tech sector can be volatile, but AMD's Ryzen processors and Radeon graphics cards are extremely popular. The company continues to eat into Intel’s market share, providing products with higher performance and efficiency. In Q2 2022, AMD had a revenue increase of 70% year-over-year. Now, how often do you see that kind of growth?
If you’re into retail, consider Target, trading around $160 per share. It’s a bit more expensive but still below 100 dollars with a little flexibility. Their revenue exceeded $70 billion in 2021, and their cost-effective goods paired with a solid e-commerce strategy make them a force to be reckoned with. Consumers seem to love the convenience and value they offer, which is critical in a competitive market like retail.
Take a look at Starbucks as well, trading in the $95 range. This one is particularly interesting because who knew a coffee company could reach such heights? With over 34,000 stores worldwide, Starbucks isn't just selling coffee; they’re selling an experience. Their revenue for 2021 was over $29 billion, and they continue to open new stores, especially in emerging markets like China. That’s a recipe for sustained growth.
Now, don’t overlook the finance sector. Bank of America fits well within our price range, trading at around $30 per share. The trust they've built over time speaks volumes. In Q1 2022, their net income was $7.1 billion. A solid dividend yield also means you get paid to wait for the stock price to appreciate, which is always a nice bonus in my book.
Dropbox is another tech company worth mentioning, trading at roughly $22 per share. Their file sharing and cloud storage solutions continue to attract users and businesses alike. They had a revenue growth of over 12% year-over-year in 2021. Considering their push into more enterprise solutions, that stock could certainly see some good days ahead.
And let's circle back to the auto industry with General Motors, priced around $40 per share. Much like Ford, GM is taking significant steps in the electric vehicle market. Their $35 billion investment plan focuses on EV and autonomous driving technology through 2025. With such a significant commitment to innovation, one can expect a good return on investment.
Keep an eye on Square Inc., too. They trade around $60 per share and have been a game-changer in the financial technology sector. Small businesses love Square’s point-of-sale systems, and their Cash App continues to gain traction. Their revenue surged over 85% in 2021, showing their firm hold and growth potential in the fintech space.
If you’re interested in energy, then Enbridge Inc., trading at around $50 per share, should be on your radar. They focus on the transmission of crude oil and natural gas. Impressively, they operate the longest crude oil and liquids transportation system in North America. In 2021, they had revenue surpassing $50 billion. Their strong dividend yield also makes them an attractive option.
Nikola, although somewhat controversial, trades around $9 per share. They develop and intend to manufacture hydrogen-electric vehicles. The whole electrification and decarbonization push means stocks like Nikola could benefit greatly in the future. Despite some setbacks, they continue to push forward with their plans and have several orders already lined up.
Finally, let’s talk about Snap Inc., the parent company of Snapchat, trading around $11 per share. Snap offers a unique social media platform with powerful advertising tools. Their daily active users increased 20% to 332 million in Q1 2022. For a stock under $20, that’s pretty impressive.
These stocks offer a mix of stability and growth potential across various sectors, from tech to retail to energy. For more insights on investing under $100, Stocks Under 100 offers fascinating information. Happy investing!