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2 No-Brainer Stocks to Buy With $500 Right Now

TheMotleyFool

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2 No-Brainer Stocks to Buy With $500 Right Now: https://g.foolcdn.com/editorial/images/721432/gettyimages-1271085883.jpg

In the grand scheme of things, $500 isn't a fortune. But it can be a good opening investment for life-changing returns in the stock market. Let's discuss why Amazon (NASDAQ: AMZN) and Luckin Coffee (OTC: LKNC.Y) could turn your money into significantly more over the long term.

While Amazon has recovered sharply in 2023, the shares are still down a whopping 37% over the last 12 months, allowing investors to buy the dip. While the embattled internet company faces challenges in its core e-commerce and cloud computing businesses, new synergistic opportunities could help power the next leg of long-term growth.

Image source: Getty Images.

Source Fool.com

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