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The 3 Best Stocks to Buy If You Only Have $100 to Invest: March Edition
American Homes 4 RentAmerican Homes 4 Rent(US:AMH) InvestorPlaceยท2024-03-10 19:00

Investment Landscape - The democratization of investing allows individuals to start investing with as little as $100, making stock market participation accessible to a broader audience [1] - Online discount brokerages and the elimination of transaction fees have made buying and selling stocks essentially free, including the ability to purchase fractional shares [1] Shopify (SHOP) - Shopify trades around $74 per share and focuses on providing a comprehensive solution for small and medium-sized businesses, particularly in e-commerce [3] - Despite a mixed reception for its fourth-quarter earnings, Shopify exceeded revenue and profit forecasts and provided strong guidance for the upcoming year [3][4] - Wall Street anticipates a 60% compounded annual growth rate in earnings for Shopify over the next five years, supported by nearly $1 billion in free cash flow [4] Palantir Technologies (PLTR) - Palantir offers an entry point into the artificial intelligence sector at approximately $26 per share, recognized as a leading pure-play AI stock [5] - The company has two platforms, Gotham and Foundry, and recently launched an Artificial Intelligence Platform that has received positive customer feedback [6] - A new $174 million military contract will enhance Palantir's growth prospects as it develops AI-driven solutions for the U.S. Army [6] American Homes 4 Rent (AMH) - American Homes 4 Rent, a real estate investment trust, owns over 59,000 houses with occupancy rates exceeding 95%, positioning itself as a major player in the housing market [7] - The company benefits from rising housing prices despite increasing mortgage interest rates, aligning with the preferences of younger generations who favor renting [7][8] - AMH stock trades at $36 per share and is expected to profit from the evolving housing landscape [8]