Published on 29 Jul 2022 on Insider Monkey via Yahoo Finance

12 Best Stocks Under $50

In this piece we will take a look at the 12 best stocks under $50. To skip our introduction and to take a look at the top five stocks in this list, head on over to 5 Best Stocks Under $50.

If there's one thing that most people would have been unable to predict as 2022 started, it's that major stock market indexes would enter bear territory and see their value drop by more than 30% by the second half of the year. Battered by the coronavirus pandemic, investors and economists were looking forward to a year of recovery, but the ongoing Russian invasion of Ukraine upended the delicate balance of recovery and fueled inflation by hammering global commodities.

In such a scenario especially for the retail investor, investing in the stock market appears to be a tricky proposition. After all, the NASDAQ 100 composite index has dropped by a whopping 25% year to date, the DOW Jones Industrial Average by roughly 13%, the S&P by 17%, and the NYSE by close to 14%.