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Stock Under 20 - You Won’t Believe What You’re Missing

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Nope, this is not a clickbait article but a legit one that will inform you about stock under 20 dollars, which you could give a try.

You will be surprised that you can invest in huge and popular companies (Familiar with Snapchat? You probably know Ford?) for as low as 20 bucks.

Yes! It would be like buying that $19.95 pocket T-shirt at GAP. Or a Caramel Frappuccino Venti for four days.

Not that this article is suggesting that you skip your daily dose of coffee but to make you realize that for a few dollars, you could actually make additional money.

Enlighten yourself with what stock under 20 dollars can you invest in.

COPYRIGHT_WI: Published on https://washingtonindependent.com/ebv/stock-under-20/ by Alberto Thompson on 2022-10-17T13:55:10.749Z

5 Best Stocks Under $20 For Massive Growth (Turn $20 into $100+) 2022

Best Stocks Under $20 For 2022

Seasoned financial advisors urge people to take advantage of those low stock prices of several companies.

That’s based on a report by Yahoo! Finance published in August 2022. It mentioned that according to financial advisors, there could be a “silver lining” in those companies offering a stock under 20 dollars.

Water vapor looking like white smoke billowing on top of four cooling towers in a nuclear power plant
Water vapor looking like white smoke billowing on top of four cooling towers in a nuclear power plant

The said report revealed the following stocks people should consider:

  • Battalion Oil (BATL) - onshore oil and natural gas (Oklahoma)
  • Kinder Morgan (KMI) - oil and gas pipelines and terminals (Texas)
  • Lucid Group (LCID) - electric vehicles (EVs; California)
  • NuScale Power (SMR) - nuclear power plant (Oregon)
  • Pennant Group (PNTG) - home health care services (Idaho)
Company, Stock Exchange, and TickerStock Price (as of October 8, 2022; in U.S. Dollars)
Battalion Oil (NYSEAMERICAN:BATL)$13.66
Kinder Morgan (NYSE:KMI)$17.24
Lucid Group (NASDAQ:LCID)$13.17
NuScale Power (NYSE:SMR)$11.44
Pennant Group (NASDAQ:PNTG)$10.30

Best Tech Stock Under $20

The Motley Fool reminds its readers that investing is not exclusively for the wealthy ones. With stock under 20 dollars, such a notion should be disregarded.

Even stocks involving tech companies are now within reach of people with limited funds.

Snapchat logo of an outline of a white ghost  and yellow background on a smartphone; SEMrush logo of fireball
Snapchat logo of an outline of a white ghost and yellow background on a smartphone; SEMrush logo of fireball

Below are five stocks under 20 dollars recommended by The Motley Fool:

  • Amplitude (AMPL) - software (California)
  • LG Display (LPL) - electronics (South Korea)
  • Semrush Holdings (SEMR) - software as a service or SaaS (Massachusetts)
  • Snap (SNAP) - social media (California)
  • Telefonaktiebolaget LM Ericsson (ERIC-B) - telecommunications (Sweden)
Company, Stock Exchange, and TickerStock Price (as of October 8, 2022; in U.S. Dollars)
Amplitude (NASDAQ:AMPL)$15.89
LG Display (KRX:LPL)13,650 Won ($9.58)
Semrush (NYSE: SEMR)$12.14
Snap (NYSE:SNAP)$10.66
LM Ericsson (STO:ERIC-B)68.81 Swedish Krona ($6.13)

Blue Chip Stocks Under $20

When we say a blue-chip stock, it means a stock from a well-established firm that has a proven financial stability. Think of the Coca-Cola Company. Or Boeing and IBM.

The good news is that people can invest in some of these blue-chip companies as there is now a stock under 20 dollars available for the taking.

Ford logo attached to a car’s bumper; AT&T globe logo on a white block
Ford logo attached to a car’s bumper; AT&T globe logo on a white block

Here are three blue-chip companies with a stock under 20 dollars, per Yahoo! Finance:

  • AT&T (T) - telecommunications (Texas)
  • Barrick Gold (GOLD) - mining (Canada)
  • Ford Motor Company (F) - automobile (Michigan)
Company, Stock Exchange, and TickerStock Price (as of October 8, 2022; in U.S. Dollars)
AT&T (NYSE:T)$14.94
Barrick Gold (NYSE:GOLD)$15.48
Ford (NYSE:F)$12.20

People Ask

What Is The Minimum I Should Invest In Stocks?

In his Medium article, Todd Lincoln, MBA, an entrepreneur and stock-market investor, one can invest “with just $5.”

Though he pointed out that one should invest $200-$1,000 “to really get started right.”

Can I Invest $20 In The Stock Market?

Yes, you can invest in a stock under 20 dollars. Here is one tip from financial website ToughNickel: “Select a no-fee mutual fund.”

What To Invest In With $20?

CreditDonkey, another financial site, recommends investing in the following:

  • bonds
  • mutual funds
  • exchanged traded funds (ETFs)
  • stocks with fractional shares

The site also suggests checking out robo-advisor platforms when you plan to invest in just small amounts.

Final Thoughts

People should grab the opportunity to invest in a stock under 20 dollars.

It is possible prices may go up without warning in the immediate future, like what the Yahoo! Finance report learned from financial advisors.

As strategic adviser Sean Ross, the founder of freelance hub Free Lances, Ltd. (est. 2017), wrote this piece of advice in his Investopedia article published in June 2022:

Investing just $100 a month over a period of years can be a lucrative strategy to grow your wealth over time.

- Sean Ross, Investopedia

Now while $100 might still be too big to cough up for the common people, a stock under 20 dollars would be a good start for them.

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About The Authors

Alberto Thompson

Alberto Thompson - I live in Vancouver, Canada, and work as a web developer and graphic designer. Back end programming (PHP, Django/Python, Ruby on Rails) to front end engineering (HTML, CSS, and jQuery/Javascript), digital usability, user interface, and graphic design are all areas of web development where I spend my days. I'm a huge fan of web creation and design in all of its forms, as well as assisting small businesses and artisans with their online presence.

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