NTDOY - The Smartest Stocks to Buy With $20 Right Now and Hold Forever
2023-11-22 08:00:00 ET
You don't need a lot of money to get going in the market these days. The growing popularity of zero-commission trading means that even $20 is more than enough to buy a piece of a potentially lucrative investment. The ability to grab fractional shares means you don't necessarily have to worry about price tags, but let's play clean here.
AT&T (NYSE: T) , Toast (NYSE: TOST) , and Nintendo (OTC: NTDOY) are three of my favorite stocks trading for less than $20 a share. They could be some of the smartest stocks for buy-and-hold investors. Let's take a closer look.
If AT&T walked in for a job interview, you would probably laugh at its resume. The telco giant has spent the last few years paying the price for lousy big-ticket purchases and yawn-worthy organic growth. Even after dispensing with the last of its mistakes last year, the shares have yet to pay off in 2023. The stock is trading lower this year, even adjusted for its generous quarterly payouts.
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The Smartest Stocks to Buy With $20 Right Now and Hold Forever