Stocks

2 Promising Stocks Priced Under $100 for Long-Term Investors

Published December 24, 2023

For investors seeking growth opportunities without the need for a hefty initial investment, there are exceptional companies in the market offering shares under the $100 mark. Two such stocks that exhibit strong future potential are Etsy, Inc. ETSY and Dutch Bros Inc. BROS. Both companies operate in distinct sectors but share the commonality of robust business models and promising growth trajectories.

Etsy, Inc.: An E-commerce Hub for Handcrafted and Vintage Goods

ETSY, an American e-commerce giant, specializes in a broad spectrum of handcrafted and vintage items, along with a vast assortment of craft supplies and tools. Its marketplace caters to a niche segment that values uniqueness and personalization in products such as jewelry, clothing, home decor, and art. The company's focus on connecting artisans with consumers worldwide creates a strong, loyal customer base and positions it well to capitalize on the growing trend of consumer preference for unique, non-mass-produced items.

Dutch Bros Inc.: Revolutionizing the Convenience Store Experience

BROS, based in Grants Pass, Oregon, is swiftly redefining the idea of convenience stores through its operations and franchising strategies. Leveraging a culture-centric approach, Dutch Bros Inc. has succeeded in building a brand that resonates with its rapidly growing and devout customer base. With a strategic expansion plan in place, BROS continues to forge a path towards significant growth and market penetration that could be fruitful for long-term investors.

Investment, Growth, Potential