3 Growth Stocks to Buy With $1,000 Right Now
Most investors would probably like to forget about the last year in stocks. After all, despite the recent market upturn, many stocks are still well down from all-time highs set in 2021. The tech-heavy Nasdaq Composite index is down 29% over the past year. Growth stocks were hit especially hard during this bear market.
But it's OK. The strongest companies will rebound. After all, every past bear market has given way to a bull market in stocks. It's during steep sell-offs like the current one that savvy long-term investors often find excellent buying opportunities in high-growth stocks.
For those investors with $1,000 available to invest, there are several discounted growth stocks to choose from. These are companies that performed well during the pandemic but got ahead of themselves when pandemic headwinds eased. As businesses normalize and valuations return to more normal levels, three growth stocks that emerge as buys today are Shopify (NYSE: SHOP), Tradeweb Markets (NASDAQ: TW), and Block (NYSE: SQ).
Source Fool.com