HD - The Best Stocks to Buy With $1000 Right Now
2023-10-31 08:00:00 ET
Investing in the stock market doesn't have to be complicated. By focusing on industry-leading businesses that have strong financials, economic moats, and attractive valuations, investors can do well over the long term. And it doesn't take a lot of initial capital to get started.
If you have $1,000 ready to invest, take a look at American Express (NYSE: AXP) , Amazon (NASDAQ: AMZN) , and Home Depot (NYSE: HD) as three of the best stocks to buy right now. At current prices, investors can use that dollar amount to purchase two shares of Amex, three shares of Amazon, and one share of Home Depot.
American Express has one of the strongest brands in the world, especially in financial services, attracting higher-income clients compared to other card issuers. This should limit default risk in uncertain economies, like what we're in now.
For further details see:
The Best Stocks to Buy With $1,000 Right Now