2 Stocks Under $30 to Buy and Hold for the Next Decade
There is no need to break the bank or wipe out one's savings to start investing in stocks. Indeed, with as little as $30, investors can acquire at least one share of some exciting businesses that have a chance to deliver outsized returns over the long run.
Case in point: Teladoc Health (NYSE: TDOC) and Pinterest (NYSE: PINS) are two companies, each a leader in its respective area, whose shares are changing hands for less than $30 apiece as of this writing. Both have faced issues in the past year, but there are excellent reasons to be optimistic.
Telemedicine specialist Teladoc is finding out the hard way that growth at all costs isn't as appealing to investors anymore. Last year, the company recorded a massive net loss of $13.7 billion, about $13.4 billion of which was due to impairment charges linked to its 2020 acquisition of Livongo Health.
Source Fool.com
