2023-07-15 08:38:00 ET
There are a lot of unknowns today, which can make it difficult to invest. Uncertainty about how high interest rates will rise and whether there will be a recession in the next year can make it difficult to know how stocks will perform in the near term.
However, one factor drives stock prices in the long term: earnings growth. Companies that grow their earnings and cash flow at healthy rates for extended periods tend to produce market-beating returns. American Tower (NYSE: AMT) , Blackstone (NYSE: BX) , Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC) , Prologis (NYSE: PLD) , and NextEra Energy (NYSE: NEE) have histories of delivering above-average earnings growth and producing market-beating returns.
That should continue as they're all focused on capitalizing on strong long-term growth trends. Because of that, you could confidently invest $500 into any of them right now.
For further details see:
5 Stocks You Can Confidently Invest $500 in Right Now