5 Stocks You Can Confidently Invest $500 in Right Now
Investing with confidence for the long-term requires buying stocks with a high degree of certainty in their earnings prospects. In this vein, I think electrical products maker nVent (NYSE: NVT), paint and coatings company Axalta Coating Systems (NYSE: AXTA), specialty chemicals distributor Univar Solutions (NYSE: UNVR), data center REIT Equinix (NASDAQ: EQIX), and building systems and heating ventilation and air conditioning (HVAC) company Johnson Controls (NYSE: JCI) are worth picking up. Here's why.
A maker of electrical connection and protection products, nVent is a backdoor way to play the long-term trend of electrification in the economy. Cars are becoming electric, data center investment is booming, buildings are becoming connected, manufacturing is becoming automated, and renewable energy is driving growth in electrical transmission and distribution investment.
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Source Fool.com