On the latest Earn Your Leisure’s segment, Market Mondays, hosts Rashad Bilal, Troy Millings, and investor Ian Dunlap dive into a critical topic for investors—stocks under $100 that are worth buying. Whether you’re a seasoned trader or just stepping into the market, their insights provide a blueprint for long-term success.
Are There Stocks Under $100 Worth Buying?
The hosts unanimously agree that several high-value stocks are currently available at attractive price points.
Ian Dunlap’s Picks:
- Nvidia (NVDA) – Dunlap emphasizes that Nvidia, post-stock split, is now accessible at around $118. He argues that investors who once complained about the stock being too expensive should take advantage of its current pricing before it inevitably climbs higher in the coming years.
- AMD (Advanced Micro Devices) – He sees AMD as another strong pick, highlighting its role in the semiconductor industry and urging investors to think long-term rather than chase short-term gains.
Troy Millings’ Picks:
- Micron Technology (MU) – Priced around $90, Micron plays a key role in data storage, particularly in the AI space, making it a solid long-term investment.
- Dell (DELL) – Sitting at around $100, Dell is evolving beyond personal computing and is now a major player in data center infrastructure, cooling technology, and AI-driven solutions.
Best Practices for Portfolio Management
The discussion extends beyond stock picks, with the hosts providing crucial guidelines for portfolio management:
- Limit trading risk: Investors should avoid risking more than 10% of their portfolio on trades to prevent emotional decision-making.
- Have a long-term plan: Rather than focusing on daily or weekly moves, investors should map out their trading strategies for the year and investment goals for the next 5-10 years.
- Use an LLC for trading accounts: Moving investment accounts to an LLC can provide asset protection in case of lawsuits and offer tax advantages.
- Avoid overextending in multiple stocks: Spreading investments too thin across too many stocks can dilute potential gains. Instead, focusing on a select few strong companies can yield better returns.
Final Takeaway: Play the Long Game
The hosts stress that successful investing requires patience and discipline. They encourage listeners to focus on acquiring the best assets at the best prices and holding onto them for years rather than chasing short-term gains.
