The broader market has been cooling off from its 2021 highs, and that means investors can get some great stocks on sale. The Dow Jones Industrial Average is up 11% year to date, but down 4% over the past month. An investment of $1,000 is a great starting point, whether you're just starting out or adding to a portfolio. If you have extra money after paying your bills and saving for an emergency fund, consider investing in the stock market.
I'll recommend three great stocks that each provide a different value to create a mini diversified portfolio: Fiverr (NYSE: FVRR) is a great growth stock, PayPal Holdings is a top value stock (NASDAQ: PYPL) , and Coca-Cola (NYSE: KO) is a classic, high-yielding dividend stock.
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3 Hot Stocks to Buy With $1,000