Stocks

2 Promising Stocks Under $100 for Long-Term Investors

Published December 24, 2023

Investing in stocks doesn't always require deep pockets, and finding companies with strong potential for the future that don't require a hefty upfront investment can be a smart strategy for both new and seasoned investors. This article will explore two such stocks, both trading under $100, that hold promising futures and are viable for buying and holding indefinitely: ETSY and BROS.

ETSY: Crafting a Niche in E-Commerce

With a strong foothold in the e-commerce market, ETSY, Inc. stands out as an innovative platform that caters to a diverse audience looking for handmade, vintage, and unique craft items. Its business model is built on a foundation of creativity and personalization, providing a vast array of categories for consumers—from jewelry and clothing to home decor and art. Not just a marketplace, ETSY has cultivated a community, encouraging the growth of small businesses and artisans who can leverage the platform to reach a global audience. The dedication to a niche but sizable market segment suggests ETSY is well-positioned to maintain its upward trajectory well into the future.

BROS: Brewing Expansion and Growth

Dutch Bros Inc., operating under ticker BROS, brings a dynamic energy to the convenience store and coffee shop sector. Originating from Grants Pass, Oregon, BROS operates a franchise model that has seen significant expansion. Unlike its competitors, BROS offers a unique 'broista' experience that combines high-quality products with a distinctive and engaging customer service approach. This strategy has fueled the company's growth and brand loyalty, making BROS a stock with considerable growth prospects. The company's ability to adapt and innovate in the fast-paced food and beverage industry signifies a robust potential for long-term performance.

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