The Best Stocks To Invest $1,000 in Right Now
Deciding where to invest your hard-earned money can be difficult. There are thousands of publicly traded stocks to choose from, making the task of decision-making seem overwhelming. One strategy is to identify companies with undeniable competitive advantages to buy and hold for the long term.
Here are two companies with track records of success, strong competitive advantages, and bright futures. For investors who have $1,000 to put to work in the stock market, either one of these companies would be a great choice. For those with access to fractional shares, buying both is an option as well. Let's dig in to see why.
For anyone following business news, it's impossible to have missed the incredible run Nvidia has been on lately. The rush into artificial intelligence (AI) has led to increased demand for its chips and it doesn't seem to be slowing down. As is often the case, some of the most interesting investments are not with the company getting the headlines but with the companies elsewhere in the supply chain. ASML (NASDAQ: ASML) is one of those companies.
Source Fool.com
