1 No-Brainer Stock to Buy With $100 Right Now
With the S 500 and the Nasdaq Composite indexes up by 15% and 29%, respectively, in 2023 (as of Aug. 22), investors might assume that there aren't many attractively valued buying opportunities out there right now. But that's definitely not the case -- even some of the largest businesses are still on sale.
Take Amazon (NASDAQ: AMZN), whose shares are up 60% this year, handily beating the overall market. Despite that strong performance, they remain 28% off the all-time high they hit in 2021. Moreover, this FAANG company has many favorable qualities that investors should appreciate.
With that being said, here are three must-know reasons that help explain why Amazon is a no-brainer stock to buy right now with $100.
Source Fool.com
