2 Top Stocks You Can Buy Now With $500
Wall Street's concerns over tariffs and how President Donald Trump's trade wars will impact the U.S. economy have sent the Nasdaq Composite down by around 18% year to date, and it's off more than 20% from its peak. But if you have some extra cash available that you won't need to spend in the near term or use for other financial priorities like reducing debt, the market's current sell-off offers a great opportunity to invest.Shares of the best companies in the world are trading at prices that may significantly undervalue their future growth. For less than $500, you can buy one share each of Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL). These are two of the strongest consumer brands, and both are in great positions to benefit from the growing use of artificial intelligence (AI).The first stock I would buy with $500 is the leading cloud service and online retail brand. The market sell-off has taken Amazon down to $166 per share at the time of this writing. Amazon generated record profits and cash flow last year, which last summer brought its price-to-free-cash-flow valuation down to the lowest level in over 15 years.Continue reading
Wall Street's concerns over tariffs and how President Donald Trump's trade wars will impact the U.S. economy have sent the Nasdaq Composite down by around 18% year to date, and it's off more than 20% from its peak. But if you have some extra cash available that you won't need to spend in the near term or use for other financial priorities like reducing debt, the market's current sell-off offers a great opportunity to invest.
Shares of the best companies in the world are trading at prices that may significantly undervalue their future growth. For less than $500, you can buy one share each of Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL). These are two of the strongest consumer brands, and both are in great positions to benefit from the growing use of artificial intelligence (AI).
The first stock I would buy with $500 is the leading cloud service and online retail brand. The market sell-off has taken Amazon down to $166 per share at the time of this writing. Amazon generated record profits and cash flow last year, which last summer brought its price-to-free-cash-flow valuation down to the lowest level in over 15 years.