2 Growth Stocks to Buy With $1,000 Right Now
Growth stocks were hit the hardest in the market sell-off last year, as investors turned toward value stocks in response to concerns about an economic downturn. That downturn has yet to fully happen (and may not happen), and so with valuations down, now could be a good time for long-term investors to consider putting some money to work.
If you have $1,000 (or even less) that you don't need to pay down short-term debt, bolster an emergency fund, or put toward your monthly bills, you might want to allocate it toward growth stocks this month. Here are two companies to consider adding to your portfolio.
(NASDAQ: GOOG) (NASDAQ: GOOGL) is probably one of the safest growth stocks to consider for the long term. The company's dominance in online search catapulted the share price up 353% over the last 10 years, and there are several ways it can deliver more gains.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.69% compared to the current price of 156.56 € for Alphabet Inc. A.
