ORLY - The Top Stocks to Buy With $1000 Right Now
2023-06-25 08:10:00 ET
Investing in the stock market, while made out to be complicated and intimidating, can be a simple exercise. The best course of action is to find quality businesses with competitive advantages. And focus on owning them for a very long time, at least five years. By prioritizing these things, anyone can benefit from the wealth-generating capabilities of the market.
I believe that Apple (NASDAQ: AAPL) , O'Reilly Automotive (NASDAQ: ORLY) , and Visa (NYSE: V) are companies that fit the quality standards I just mentioned. Even with just $1,000 to invest , it's a good idea to spread that out evenly among these three top stocks. Let's take a closer look.
It's the most valuable business in the world, with a market cap of $2.9 trillion. The iPhone is still its crown jewel, representing 54% of overall company revenue in the fiscal 2023 second quarter (ended March 31). All hardware accounts for 78% of sales.
For further details see:
The Top Stocks to Buy With $1,000 Right Now