Got $1,000? Here Are 3 Stocks to Consider Buying Right Now
After a months-long run-up, the broader market has been a bit more volatile over the last week or so and had some down days. While most investors welcome a rising market, the fact is many stocks are becoming overvalued. This complicates investing as it leaves fewer solid stocks available to buy at reasonable prices. Most everything is trading at elevated prices.
However, thanks to this recent lower move in the major indexes, some stocks have become more attractive to buyers. For investors who have $1,000 in cash they would like to put to work through stock purchases, BJ's Wholesale (NYSE: BJ), Innovative Industrial Properties (NYSE: IIPR), and StoneCo (NASDAQ: STNE) could offer outsized returns in both the near- and the long-term.
Let's take a closer look at these three stocks and see if now is the time to buy.
Source Fool.com
