Finance

3 Easy Stocks to Buy Now for Under $50


A low share price doesn’t mean the return potential is low, it just means you don’t need that much money to start investing.

There are a number of stocks that are good candidates and trade at relatively low prices. However, I think there are some stocks that stand out than others. Here are three stocks you can buy right now for under $50.

1. Brookfield Infrastructure

you have two choices Brookfield Infrastructure (NYSE:BIP) (NYSE:BIPC).it is Limited partnership (LP) Units trade under the BIP ticker, while shares of the corporate entity trade under the BIPC ticker. Either way, you’ll pay less than $35 for one share. I think this investment can pay off very well over time.

As the name suggests, Brookfield Infrastructure owns infrastructure assets. The company’s diversified portfolio includes cell towers, data centers, pipelines, railroads, toll roads and utilities. The company is present in North America, South America, Europe, Asia, and Australia.

Brookfield Infrastructure is constantly on the lookout for new assets and its strategy is to acquire these assets at attractive prices to achieve internal rate of return Between 12% and 15%. The company sells mature assets from time to time in order to reinvest in new, higher growth opportunities.

One of the great things about Brookfield Infrastructure is that you get paid for owning it. BIP’s distribution yields just over 5%, while BIPC’s yield is currently close to 4.4%.

The company has increased distribution for 14 consecutive years and expects to maintain this momentum, targeting annual distribution growth of 5% to 9%.

2. Enterprise product partners

Enterprise product partners (NYSE:EPD) It is another LP that seems to be a good choice at the moment. You don’t need a lot of cash to buy it, either, since its stock price is under $30.

Few midstream energy companies have the scale of Enterprise Products Partners. The company operates more than 50,000 miles of pipeline in the United States, as well as 31 natural gas processing plants, 26 fractionators (facilities used to separate hydrocarbons), 20 deepwater terminals and more.

Enterprise’s business is highly resilient. The company has achieved an annual return on invested capital (ROIC) of at least 10% since 2005. This period has also seen some turbulent times, including the financial crisis in 2007 and 2008 and the COVID-19 pandemic lockdowns in 2020 and 2021.

Enterprise Products Partners’ share price doesn’t need to appreciate significantly to make money, as the company pays a dividend that currently yields 7.7%. Enterprise has increased its dividend payments for 25 consecutive years, with a compound annual growth rate of 7%.

3.Pfizer

For less than $30 you can buy stock in one of the largest drugmakers on the planet – Pfizer (NYSE:PFE)Although Pfizer has been a loser for investors over the past few years, I think the trend in its stock will change soon.

The company’s problems center on declining demand for its COVID-19 products. Pfizer also faces patent expirations on some of its best-selling drugs. But brighter days may be ahead.

Pfizer expects new product launches and new indications for existing products to generate approximately $20 billion in annual revenue by 2030, and believes business development deals will generate an additional $25 billion annually by 2030.

The stock’s valuation is very attractive relative to its peers. Even better, Pfizer offers a generous dividend yield of over 5.9%. You’ll need to be relatively patient with this beaten-down Big Pharma stock. However, I think patience will be rewarded in the next few years.

Should you invest $1,000 in Pfizer right now?

Before buying Pfizer stock, consider the following factors:

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Keith Speights At Brookfield Infrastructure, Brookfield Infrastructure Partners, Enterprise Product Partners and Pfizer. The Motley Fool is employed by and recommended by Pfizer. The Motley Fool recommends Brookfield as an infrastructure partner and enterprise product partner. Motley Fool owned disclosure policy.

3 Easy Stocks to Buy Now for Under $50 Originally published by The Motley Fool



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