4 Good Tech Stocks Under $20

Technology stocks can be notoriously expensive. A single share of Amazon.com (AMZN) is approaching $1,000. Ditto for Google’s stock (GOOGL). Apple’s (AAPL) share price would be above $1,000 had the company not split its stock 7-for-1 in 2014.

So how do you add technology stocks to your portfolio if you only have a small amount to invest? One cost-effective way is to focus on promising tech stocks priced under $20 a share. We found four names worthy of your consideration.

SEE ALSO: 25 Great Dividend Stocks Raising Dividends for 25 Years

But before you place a buy order, don’t neglect to weigh the impact of trading commissions. Let’s say you want to invest $100 in each of the four stocks we recommend. Even at just $4.95 per online trade, the going rate at brokerages such as Fidelity and Schwab, your investment is already down 5%. For small trades, consider opening a free Robinhood account instead. You can use the brokerage’s smartphone app to make no-commission stock trades.

Data is as of May 2, 2017, unless otherwise indicated. Click on ticker-symbol links for current share prices and more.

from Kiplinger’s Personal Finance http://bit.ly/2pgZleW
via IFTTT

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s