LVGO - Got $5000? Here Are 4 of the Fastest-Growing Stocks to Buy Now
This has proved to be one of the wildest years on record for Wall Street -- and there are still more than four months to go. Panic and uncertainty originating with the coronavirus disease 2019 (COVID-19) pandemic initially pushed the broad-based S&P 500 lower by 34% in a mere 33 calendar days. But over the subsequent five months, the benchmark index has gained virtually everything back.
Though it's unclear where the stock market may head next, with volatility quite normal following a bear market bottom, one strong likelihood is that growth stocks will outperform. With the Federal Reserve pledging to keep lending rates low through 2022, the table is set for high-growth companies to borrow cheaply and expand quickly.
Best of all, you don't need to a have a fortune to make one on Wall Street. If you have, say, $5,000 you can spare that won't be needed for bills or emergencies, then you have more than enough to buy four of the fastest-growing stocks on Wall Street right now.