Small investors can still find big opportunities in the stock market.
If you’re a small investor, sometimes it can feel like the best opportunities on Wall Street are out of reach. This is partially because there are clear economies of scale available to bigger investors, including access to more exclusive products like hedge funds with massive minimum buy-ins that the little guy simply can’t afford. But it’s also because even if you’re smart enough to manage your own money, a single share of some high-priced stocks could still be beyond your price range. Consider the Class A shares of Berkshire Hathaway Inc. (BRK.A) that trade for more than $500,000 apiece! If you want to invest with a modest sum of just $1,000, some vehicles just aren’t an option. The good news is the following seven stocks all trade for less than $50 per share, allowing investors to buy a decent amount of each.
(AP Photo/Marcio Jose Sanchez, File)
Boston Scientific Corp. (ticker: BSX)
Boston Scientific is a $65 billion medical device giant that is tailor-made for a rocky stock market environment. The firm develops surgery products and innovative neurological and cardiovascular devices to help doctors pinpoint problems in patients. It also makes pacemakers, spinal cord stimulators for pain management and a host of other impressive – and expensive – therapies. Health care spending is about as sure a thing as you’ll find in consumer budgets, and regardless of gasoline prices or geopolitical unrest,…