In this article, we will discuss the 12 Best Stocks to Invest in Under $100.
On July 8, Andrew Pyle, Senior Investment Advisor & Portfolio Manager at CIBC Wood Gundy, joined BNN Bloomberg to provide an outlook on the markets for H2 2026. Regarding the AI trade as a whole, Pyle argued that the market is reaching a point where companies must prove they can monetize their AI investments. He highlighted concerns that end-users may lack the capacity to absorb the costs of AI services, pointing to thinning margins among firms absorbing these expenses, as well as the trend of companies issuing debt and cutting costs as evidence of real market anxiety.
Pyle suggests that these concerns could be magnified in the upcoming earnings season. However, he noted that resilient economic fundamentals in the US and globally, along with the lack of an extreme economic impact from the ongoing Iranian war, are currently providing a boost to the markets. This environment has encouraged a “rotation trade” into cyclical sectors, which Pyle believes could allow the market to advance further even without strong support from the tech or AI sectors, provided that economic fundamentals hold steady.
Finally, Pyle addressed the sentiment among his clients, noting that investors are expressing general confusion and trepidation about why the markets have performed so well in the face of significant challenges, such as two wars, spiking oil prices, and volatility in AI. He reported that his primary message to clients remains consistent: stay invested, adhere to an established asset allocation strategy, and remain mindful of potential risks throughout the summer.
Against this backdrop, lets take a look at some of the best stocks to invest in under $100.
Our Methodology
We used screeners to identify stocks that are trading below $100 per share, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on July 7.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
12 Best Stocks to Invest in Under $100
12. ArcelorMittal (NYSE:MT)
Number of Hedge Fund Holders: 28
ArcelorMittal (NYSE:MT) is one of the best stocks to invest in under $100. On June 30, ArcelorMittal announced the completion of the first tranche of its 2025 to 2030 share buyback program, which saw the repurchase of 10 million shares at an average price of €49.32. These shares are currently held in treasury and are slated for future cancellation.
ArcelorMittal (NYSE:MT) simultaneously confirmed the immediate commencement of a second tranche, authorizing the repurchase of up to an additional 10 million shares. This move follows the mandate granted by shareholders during the annual general meeting held in May 2025.
Future share repurchases will continue in periodic tranches through May 2030, contingent upon market conditions, shareholder authorization, and the generation of post-dividend free cash flow. The program aims to reduce the company’s total share capital while meeting obligations related to employee share schemes.
ArcelorMittal (NYSE:MT) is a premier global steel and mining company operating in 60 countries, committed to producing sustainable, high-quality steel for diverse industries. The company leverages innovative, low-carbon processes to support the global transition toward a greener future.
11. First Majestic Silver Corp. (NYSE:AG)
Number of Hedge Fund Holders: 29
First Majestic Silver Corp. (NYSE:AG) is one of the best stocks to invest in under $100. On July 7, First Majestic Silver announced a definitive agreement to sell its San Martin Silver Mine in Jalisco, Mexico, to Flextronics Supply and Service for total proceeds of $90 million. The transaction includes the transfer of all shares of the subsidiary holding the mine and the associated Jalisco Group of Properties.
The payment structure consists of an upfront cash payment of $2.5 million, with the remaining $87.5 million to be paid through a series of scheduled installments over the next several years. Final payments include annual milestones leading to a concluding $35 million payment due on August 31, 2032.
The sale remains subject to customary closing conditions and Mexican Antitrust approval, with the company expecting the deal to close in the fourth quarter of 2026. The San Martin operation, a past producer of silver and gold, has been held by First Majestic Silver Corp. (NYSE:AG) under care and maintenance since July 2019.
First Majestic Silver Corp. (NYSE:AG) acquires, explores, develops, and produces mineral properties in North America. The company explores for silver and gold deposits.
