Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

3 Best Stocks Under $100 To Buy Now

By (Sean Sechler )Stock MarketsSep 02, 2021 04:13AM ET
3 Best Stocks Under $100 To Buy Now
By (Sean Sechler )   |  Sep 02, 2021 04:13AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

One of the great things about investing is that there are attractive stocks to match all price points and budgets. This makes adding shares of strong companies across different industries accessible to anyone, regardless of their financial status.

Some of the best long-term gains are generated by buying into lower-priced businesses that are currently being undervalued by the market. Many of these stocks can turn into double or triple baggers over the years, which means choosing wisely will deliver truly astounding returns.

While there’s a lot more that should go into your analysis of a stock rather than simply looking at its share price, it's fair to say that stocks trading under $100 per share can deliver some of the best upside potential given that investors can add sizeable positions without needing a lot of capital.

There are plenty of great stocks at this price point to explore at the moment, and we’ve put together a list of 3 standout names below. Let’s take a deeper look at the best stocks under $100 to buy now.

1. Alcoa Corporation

If you are interested in owning a high-quality name in metals & mining, Alcoa Corporation is a great option to consider. It’s a company that provides exposure to one of the most important commodity metals of modern times, aluminum.

Alcoa's (NYSE:AA) business operations are comprised of bauxite mining, alumina refining, aluminum production, and energy generation, and it has 28 operating locations in 9 countries around the world. The stock is worth adding at this time thanks to the company’s strong financial position and a China energy crackdown that is driving aluminum prices to a 10-year high.

It’s important to note that Alcoa’s share price fluctuates nearly in tandem with the prices of aluminum, so the fact that Aluminum smelters in China can’t keep up with the country’s demand for the metal due to tightened restrictions on energy usage is certainly impacting the stock in a positive way.

Expect aluminum demand to stay steady as the global economy continues to recover in 2021 and beyond. Alcoa is trading at its 52-week highs and could be a bargain at current price levels, particularly when you consider how the company set a record for delivering its highest quarterly net income and earnings per share in Q2.

2. LendingClub

Fintech stocks are certainly an intriguing area of the market to look for opportunities at this time, and LendingClub (NYSE:LC) stands out as a possible long-term winner given the company’s unique technology platform that has something to offer both borrowers and investors.

LendingClub has developed an online marketplace that helps consumers and small business owners borrow at lower costs and helps investors earn risk-adjusted returns from an asset class that has historically only been available on a limited basis to institutional investors.

What’s also interesting here is that that company has a bank charter after completing the acquisition of Radius Bank, which allows LendingClub to save on expenses and avoid third-party banks originating its loans. The bank will also generate recurring net interest income for the company over the long term.

LendingClub delivered impressive Q2 results in July including record net income on 93% growth in revenue and boosted its full-year revenue target by 45%, which should certainly give investors additional confidence in adding shares.

3. Doximity

This company provides a cloud-based digital platform for medical professionals in the United States and has been a strong outperformer in the market since going public back in June. While it can be a volatile stock to own, the way Doximity (NYSE:DOCS) combines social media with the healthcare industry certainly makes it an attractive business to consider owning for the long term.

The application helps doctors, physician assistants, pharmacists, and other healthcare professionals collaborate and coordinate patient care. Doximity even offers as features productivity tools like digital fax and eSignature, along with voice and video telehealth services which could be the future of healthcare going forward.

Like many social media networks, Doximity generates the majority of its revenue by selling advertising space on its platform, and pharmaceutical companies and hospitals naturally are interested in buying ad space on the “LinkedIn for Doctors.” The company generated $72.7 million in revenue during Q1, up 100% year-over-year along with delivering record profit margins.

Any business that can combine technology and healthcare in such an innovative way deserves your attention, and Doximity is a stock that could be trading over $100 sooner than many investors are likely anticipating.

Original Post

3 Best Stocks Under $100 To Buy Now

Related Articles

3 Best Stocks Under $100 To Buy Now

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email