Adding $100 to These 7 Stocks Could Be a Genius Move Right Now
With the S&P 500 Index in bear market territory, it can be scary to be an investor these days. But it's important to maintain a buy-and-hold attitude. In fact, some investors may even view this moment as an opportunity for bargain buying. Thanks to fractional share buying, it's easier than ever to grow your position in a promising stock with only a $100, regardless of the company's full share price.
So, let's look at seven stocks which are suffering from declining share prices despite having stable underlying businesses. Adding $100 to your position in each could prove to be a potentially genius move over the next several years.
Helping to power 355 of the top 500 supercomputers, Nvidia (NASDAQ: NVDA) and its accelerated computing platform dominate the gaming and data center industries. With a customer list that is a who's who in cloud computing hyperscalers and over 200 million gamers on its GeForce gaming platform, Nvidia's nearly 5,000% run-up in share price over the last decade comes as no surprise.
Source Fool.com
