12 Best Stocks to Invest in Under $100

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.

10. BHP Group (NYSE:BHP)

Number of Hedge Fund Holders: 31

BHP Group (NYSE:BHP) is one of the best stocks to invest in under $100. On July 7, BHP Group announced that it has secured an initial environmental permit for the expansion of its Escondida copper mine in Chile. This approval allows the company to move forward with early-stage projects valued at $1.3 billion, which include sulphide leaching operations and electricity infrastructure improvements.

The authorization is a key milestone for BHP’s broader investment plan, which involves spending between $10.7 billion and $14.7 billion on its Chilean operations in the coming years. These upgrades are essential to address declining ore grades and support the company’s long-term goal of doubling its global copper output to over two million tonnes by the mid-2030s.

BHP Group (NYSE:BHP) holds a 57.5% interest in the Escondida site, with the remaining ownership split between Rio Tinto Group and a consortium of Japanese companies. This expansion is part of a larger strategy to meet the rising global demand for copper, which remains critical for decarbonization initiatives and the ongoing development of data center infrastructure.

BHP Group (NYSE:BHP) is a leading global diversified natural resources and mining company. It extracts, processes, and markets essential commodities (such as iron ore, copper, metallurgical coal, nickel, and potash) that are fundamental to global infrastructure, everyday manufacturing, and the transition to clean energy.

9. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 32

Realty Income Corporation (NYSE:O) is one of the best stocks to invest in under $100. On June 29, Realty Income announced the pricing of a public offering for €600 million in senior unsecured notes due July 30, 2032. The notes were priced at 99.518% of the principal amount, resulting in an effective annual yield to maturity of 3.716%.

Realty Income Corporation (NYSE:O) intends to use the net proceeds from the offering for general corporate purposes. This includes the repayment of existing indebtedness, such as borrowings under revolving credit facilities and commercial paper programs, as well as the acquisition, development, and improvement of properties within its portfolio.

The offering is expected to close on July 7, subject to customary closing conditions. The transaction is being managed by a joint book-running team including Barclays, BNP PARIBAS, RBC Capital Markets, Santander, and Wells Fargo Securities.

Realty Income Corporation (NYSE:O) is a real estate investment trust focused on acquiring, owning, and managing freestanding commercial properties. These properties are leased under long-term net lease agreements to a diversified group of tenants, including investment-grade, investment-grade-equivalent, and other operators.

8. Hertz Global Holdings Inc. (NASDAQ:HTZ)

Number of Hedge Fund Holders: 45

Hertz Global Holdings Inc. (NASDAQ:HTZ) is one of the best stocks to invest in under $100. On June 25, Hertz Global announced the pricing of an upsized $350 million private offering of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030. The company granted initial purchasers an option to acquire an additional $50 million in notes, which was successfully closed on June 29. Proceeds are to be used to pay down revolving credit facility debt and for general corporate purposes.

The notes carry a 6.75% interest rate, payable semi-annually with a 50/50 split between cash and PIK interest. They are exchangeable into cash, company common stock, or a combination thereof, at an initial price of approximately $3.58 per share. The notes are guaranteed by Hertz and its subsidiaries, secured on a first-lien basis, and rank pari passu with existing first-lien credit facilities.

Concurrent with this note offering, Hertz Global Holdings Inc. (NASDAQ:HTZ) also announced a separate public offering of 37,037,037 shares of common stock at $2.70 per share. These borrowed shares are intended to facilitate hedging transactions for investors in the notes. While the note offering is not contingent on this stock sale, the stock offering is dependent on the successful closing of the notes.

Hertz Global Holdings Inc. (NASDAQ:HTZ) is involved in the vehicle rental business through the Hertz, Dollar, and Thrifty brands. The company’s operations are divided into the Americas Rental Car and International Rental Car segments

7. Upstart Holdings Inc. (NASDAQ:UPST)

Number of Hedge Fund Holders: 46

Upstart Holdings Inc. (NASDAQ:UPST) is one of the best stocks to invest in under $100. On June 24, Upstart Holdings announced the renewal of its forward-flow agreement with Neuberger Specialty Finance. Under the terms of this renewed partnership, funds managed by Neuberger are expected to invest in up to $600 million of consumer loans originated through the Upstart platform.

The company stated that this continued commitment strengthens its institutional-grade funding ecosystem, enabling more competitive rates and improved experiences for borrowers. The renewal reflects a long-standing relationship between the two firms, built on a shared focus on credit discipline and innovation.

Upstart Holdings Inc. (NASDAQ:UPST) executives highlighted the importance of this partnership in maintaining diverse funding sources across various market environments. Neuberger representatives expressed continued confidence in Upstart’s platform, noting their commitment to supporting its growth and providing attractive opportunities for their investors.

Upstart Holdings Inc. (NASDAQ:UPST) operates a cloud-based artificial intelligence lending platform that processes unsecured personal loans, small-dollar loans, HELOCs, and auto refinance and auto retail loans.

6. Fifth Third Bancorp (NYSE:FITB)

Number of Hedge Fund Holders: 46

Fifth Third Bancorp (NYSE:FITB) is one of the best stocks to invest in under $100. On June 17, Fifth Third announced the launch of an AI-powered interface within its mobile app, designed to streamline navigation and task completion for customers. Instead of manually scrolling through menus, users can now type natural language requests (such as “replace card” or “transfer funds”) to be guided directly to the relevant digital experience or support resource.

Powered by advanced language models trained on hundreds of millions of interactions, the new feature is intended to deliver increasingly precise results as it learns from customer usage. This initiative represents a strategic shift toward an agentic banking model, moving away from static screens toward a more intuitive, conversational interface that simplifies complex financial workflows.

By integrating this interface with the bank’s existing chatbot, Jeanie, Fifth Third Bancorp (NYSE:FITB) is laying the foundation for future AI capabilities that can proactively anticipate and execute customer needs. The bank plans to use engagement insights from this launch to prioritize future developments, including AI-driven support for account opening, fraud resolution, and personalized financial advice.

Fifth Third Bancorp (NYSE:FITB) is a diversified financial services firm and operates as the indirect holding company for Fifth Third Bank, National Association.

Click to continue reading and see the 5 Best Stocks to Invest in Under $100.

Disclosure: None. None. Follow Insider Monkey on Google News.