Where to Invest $100 Right Now
With the S&P 500 down 17% in 2022 and fears swirling about a possible recession, it is definitely a scary time to be a stock market investor. While the initial reaction might be to sit on the sidelines for a more positive economic outlook, it's best to simply stay focused on the long term and to consistently add savings to your portfolios.
Even what might seem like a small dollar sum can still help you reach your financial goals. So if investors only have $100 to put in the market right now, I think Peloton Interactive (NASDAQ: PTON) deserves some attention.
To say that the coronavirus pandemic supercharged Peloton's business would be an understatement. Restrictions forced people to find ways to work out from the comfort of their homes. And the company benefited greatly from this trend, registering four straight quarters of more than 125% year-over-year revenue growth during the depths of the health crisis.
Source Fool.com
