Scottrade or Etrade might be best
With only $100, it's not even worth worrying about dividends. Think about that when you've got $1000+.
You need capital growth to expand $100 buying low and selling high. Buy shares in one of these company's
EDGW - Edgewood Technologies: 2.85/share
GST - Gastar Exploration: 60c/share
Download this free charting software to watch the trends:
http://www.marketbrowser.com/mbzzzvj.asp
That way you know when to sell if the up-trend reversesI am a beginner investor and have around 100 dollars to invest? Please suggest a few good cheap stocks?
Find a pension plan website and see what stocks they have invested in. Stocks are sold in lots of 100. If yo buy an odd lot then there is a premium on the commission.
Sign up on Etrade or some other internet stock brokerage. They provide the first 100 trades or so for free.
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