Best Stocks Under $100 to Buy NOW - podcast episode cover

Best Stocks Under $100 to Buy NOW

Feb 09, 20257 min
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Episode description

Welcome to another insightful clip from Market Mondays! In this clip, our hosts Rashad Bilal, Troy Millings, and investor Ian Dunlap dive into an essential topic for all investors: the best stocks under $100 worth buying. Whether you're a seasoned investor or just starting, this discussion offers valuable insights into making informed investments.


*Time Stamps:*


00:00 - Are there any stocks under a hundred dollars worth buying?

00:04 - Ian Dunlap's take on Nvidia and AMD

01:15 - Troy Millings' picks: Micron and Dell

02:07 - Best practices for portfolio management

03:12 - Importance of using an LLC for trading accounts

04:14 - Avoiding overextension in multiple stocks


*Key Highlights:*


  • **Nvidia (NVDA)**: Ian Dunlap emphasizes that Nvidia remains a compelling pick even after its stock split, noting that it's a promising long-term investment. He suggests that investors should consider buying Nvidia stocks, especially if they dip under $100. With Nvidia's current growth trajectory, it could reach $350 in a few years.


  • **Advanced Micro Devices (AMD)**: Ian and Troy have a spirited debate on AMD, but they both agree it is a worthwhile investment. Like Nvidia, AMD is projected to perform well in the long-term, especially as the tech landscape continues to evolve.


  • **Micron Technology (MU)**: Troy Millings highlights Micron's vital role in data storage, particularly in connection with GPUs and AI applications. With Micron priced around $90, it stands as a strategic investment for those interested in tech stocks.


  • **Dell Technologies (DELL)**: Known for its reliability and adaptation to the AI revolution, Dell is another stock Troy recommends. Sitting at $100, Dell offers long-term growth potential, especially in data center infrastructure.


  • **Best Practices for Trading**: Rashad and Ian stress the importance of not risking more than 10% of your portfolio on trades to avoid irrational decision-making. For instance, if you have $100,000 to invest, only $10,000 should be used for trading to maintain a balanced portfolio.


  • **Use an LLC for Trading Accounts**: The hosts suggest setting up an LLC for your trading activities. This provides protection against lawsuits and helps manage risks better if you're handling significant amounts of money in brokerage accounts.


  • **Consolidate Investments**: Rashad finishes by advising against spreading investments too thin across multiple stocks. Holding too many positions can dilute your returns and make it challenging to see meaningful gains.


This clip offers not only stock picks but also valuable advice on managing your portfolio and protecting your investments. Whether you're interested in Nvidia, AMD, Micron, or Dell, the goal is to make smart, informed decisions and hold these stocks with a long-term vision.


*Don't forget to like, subscribe, and hit the notification bell to stay updated with the latest market insights and investment strategies from Market Mondays!*


*Hashtags:*

#MarketMondays #StockMarket #Investing #Nvidia #AMD #Micron #Dell #StockTips #FinancialAdvice #LongTermInvesting #AssetProtection #InvestmentStrategy




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Transcript

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Speaker 2

Are there any stocks under one hundred dollars that's worth ying?

Speaker 3

Yeah?

Speaker 4

And video.

Speaker 3

Like I'm being serious, but all jokes aside. Please write this down, look for the best asset at the cheapest price, and leave everything else alone. You guys do it. When you go car shopping, you won't even get no discount at Louis Shot to the CEO be there February twenty seven. Get a ticket now. But when the best assets in the world are on sale, that's what you should like to buy. Before the sock split, everyone was complaining that it's too high, and now that it's a one to eighteen,

people have concerns. And in three years when it said three point fifty, what will the excuse be. So if it dips underneath, I don't know, one hundred flat ninety eight bucks at some point cool If you want to take a swing at AMD, even though Troy and I had a spirited debate, can't wait to see you think pieces on it. AMD in the video will be two great ones. The question is will you execute and hold it for the next five years? Stop talking about in a short term framework.

Speaker 1

Yeah, that that'll be the part, right, Like people need to have that long term vision. Since you said those two, I will give two different ones. I will go with Micron, which is sitting at ninety.

Speaker 2

Now.

Speaker 1

Obviously we talked about in Vidia. They have partnered with in Vidia in terms of storage. So like when these dop us and all this AI needs to figure out where it's being stored. Data storage is going to be important. So Micron is saying at ninety. In Dell, we spoke about Dell. I spoke about that in terms of the data center infrastructure, in terms of cooling, in terms of racks.

Dell is sitting at one hundred. I mean this is this is one of those those companies has been here for a long time, but they're changing the way they're operating obviously now with the revolution. They Those are two that I would put obviously the ones you said for sure, and then those two are one hundred and ninety. So those are those are two.

Speaker 2

Of my Yeah, some best p this is you should definitely not risk more than ten percent of your portfolio. And if you're trading, that's important because that's going to lead to you making irrational decisions. If you got one hundred thousand dollars to invest in the stock market, you should in trade fifty thousand offs, mistake trade ten thousand offs. Yes, yeah, any disagreement with.

Speaker 1

That, No, It speaks so big an issue of having a plan before you invest, right, Like what is your plan?

Speaker 2

That's the part.

Speaker 3

Yeah, and there isn't a place where you can think day to day, week to week. You need to have your plan mapped out for the next five year. I said it at the master amount, like do you have your trading plan mapped out for the year and your investment plan for the next five or ten?

Speaker 1

Right?

Speaker 2

And then also as your account especially but even earlier, you might want to consider it the LLC for sure, for sure, so you can change your registration like if you would Charles Schwab or Fidelity, you can create an LLC and move the registration of your trading account to an LLC. That would help potentially if you ever got sued lawsuit. You know, you don't really want to keep stuff in your personal name. Yeah, that's important.

Speaker 1

This is asset protection, especially when you and we saw a couple of brokers accounts that you should be listening to this device. Once you start hitting that fifty that over one hundred thousand inside of that broken protect yourself.

Speaker 2

Please, that's people will try it, that's not yeah, for sure, So that's something that's something to consider as well. Definitely. And then you don't want to overextend yourself into many position stocks. That's gonna water down your performance. You got three hundred dollars and eighty nine different companies. Even if it goes up one hundred percent, well you made three hundred dollars.

Speaker 3

Yeah, you want to make any real money?

Speaker 2

Yeah, yeah, yeah, yeah. Safe bets.

Speaker 4

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