Many investors kept their powder dry throughout much of 2022. You can't blame anyone for building up their cash stockpiles amid significant market volatility. However, at least some of that cash could be coming off the sidelines now, with the stock market trending in a positive direction so far this year.

Where should investors put their cash to use? There are plenty of good opportunities. Here are my picks for the best stocks to invest $5,000 in right now.

When Bill Miller says a stock is a great pick, it pays to listen. And that's exactly what the famous investor said about Amazon (NASDAQ: AMZN) in January. Specifically, Miller called Amazon "one of the easiest names in the market right now." I agree.

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Source Fool.com