2 Growth Stocks You Can Buy Right Now With Less Than $100
With several brokerages charging no commissions to trade stocks, it has become easier than ever to start investing small sums of money. You shouldn't feel discouraged starting with $100 or less. Remember, you can always add to that amount down the road.
You can do so by regularly investing the same amount at regular intervals in a strategy called dollar-cost averaging. Although it's a little nerve-wracking to buy shares when the market has dropped, under this strategy, you buy more shares at lower prices and fewer at higher prices.
Two growth stocks, Chewy (NYSE: CHWY) and Coty (NYSE: COTY), still have solid long-term prospects. While these types of stocks typically become expensive during bull markets, with their prices having dropped by 51% and 33% this year, respectively, you can start investing at attractive valuations.
Source Fool.com
