Less expensive foundational US stocks

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$800 for BLK, $450 for LM, etc
Are there any good F stocks for $100 or so?

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Asked on May 26, 2024 12:39 am
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Stock price in terms of valuation is generally irrelevant.

A company that has a million shares outstanding at $1 a share is the same value as a company that has 100,000 shares outstanding at $10 a share.

If you're looking in regards to simply being able to purchase the shares due to a smaller sized portfolio, you could look to a brokerage option like Wealthsimple Trade or Interactive Brokers that allows you to buy fractional shares.That way, you could purchase $80 of BLK and own 1/10th of a share, for example.

I wouldn't advise anyone make purchases of stocks solely based on the dollar value of their share, because it doesn't really tell you much at all.

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Posted by Dan Kent
Answered on May 27, 2024 3:51 pm