Expecting a Stimulus Check for Gas? 1 Stock Down 71% You Can Buy
The Russian invasion of Ukraine has roiled fuel markets, and as a result, consumers have seen gas prices rise above $6 per gallon in some areas of the U.S. Now, some politicians are working on plans to send constituents gas rebates. In California, for instance, the governor aims to send people in the state $400 per registered vehicle, available for two cars per household. The Sunshine State is not the only one considering some form of stimulus to help folks cope with higher gas prices.
If you are expecting a stimulus check due to rising gas prices, and you will not need it for necessities for several years, then investing in the stock market could be an excellent option. More specifically, Pinterest (NYSE: PINS) is a stock down 71% that you can buy right now.
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Source Fool.com
