What Are the Best Affordable NASDAQ Stocks to Invest In?
If you are looking for affordable NASDAQ stocks to invest in, there are a few options worth considering. In this article, we will explore some of the best affordable NASDAQ stocks and why they may be a good investment.
1. Zoom Video Communications, Inc. (ZM)
Zoom Video Communications, Inc. (ZM) is a video conferencing software company that has seen a surge in demand due to the COVID-19 pandemic. With remote work becoming more prevalent, Zoom has become a go-to tool for businesses and individuals alike. As of August 2021, the stock is trading at around $350 per share, making it a more affordable option compared to other tech giants like Amazon or Apple.
2. DocuSign, Inc. (DOCU)
DocuSign, Inc. (DOCU) is a company that provides electronic signature technology and digital transaction management services. The company's products are used by businesses to streamline document signing processes and increase efficiency. With more companies adopting digital solutions, DocuSign has seen steady growth in recent years. The stock is currently trading at around $300 per share, making it a more affordable option compared to other tech stocks.
3. Moderna, Inc. (MRNA)
Moderna, Inc. (MRNA) is a biotechnology company that specializes in developing mRNA-based vaccines and therapeutics. The company gained significant attention due to its COVID-19 vaccine, which was developed in record time and has been highly effective. While the stock price has fluctuated in recent months, it is currently trading at around $400 per share, making it an affordable option for investors interested in biotech stocks.
4. Roku, Inc. (ROKU)
Roku, Inc. (ROKU) is a streaming television company that provides a platform for users to access content from various providers. The company has seen steady growth in recent years as more people cut the cord and switch to streaming services. As of August 2021, the stock is trading at around $300 per share, making it a more affordable option compared to other tech stocks.
5. NIO Inc. (NIO)
NIO Inc. (NIO) is a Chinese electric vehicle manufacturer that has been gaining traction in recent years. The company's focus on innovation and sustainability has attracted investors who are interested in the future of transportation. While the stock price has fluctuated in recent months, it is currently trading at around $40 per share, making it an affordable option for investors interested in the electric vehicle industry.
In conclusion, there are several affordable NASDAQ stocks that may be worth considering for investors. These companies have demonstrated steady growth and have the potential for long-term success. As with any investment, it is important to do your research and consult with a financial advisor before making any decisions.
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