It doesn't take a ton of money to start investing. True, the more you start with, the more you can gain. But don't let a lack of copious funds deter you; two of the most important keys to successful investing are consistency and time, so the sooner you begin, the better.
If you have even $50 available for investment today, consider Carnival ( CCL 0.67% ) , Toast ( TOST -1.96% ) , and Revolve Group ( RVLV -1.
79% ) -- three amazing stocks you can get at low price tags right now. 1. Carnival: The cruise industry leader Carnival is the world's leading cruise company, with nearly $23 billion in annual sales, but it has gone through several years of drama, and it's trading at a price-to-sales ratio of only 0.
8 -- and a share price of around $14.50. It's the kind of established company that normally doesn't come with a lot of risk, but it had to take on billions in debt to stay afloat in the early phases of the pandemic, when it endured an extended period with no cruises and no revenue.
That left it with a heavy debt load . The company doesn't have much leeway for mistakes, and it already made a huge rebound, so investors aren't giving it a high valuation. However, at its current dirt-cheap multiple, it looks undervalued.
Revenue continues to increase past rebound levels, and demand for cruises remains incredibly strong. In its fiscal 2024 first quarter (which ended Feb. 29), total customer deposits reached a Q1 record of $7 billion, and the company is booking more trips out on a lo.