The volatility in the market and the uncertainty in the economy make it much harder to figure out which stocks to buy these days. The bear market is almost one year old, and almost every sector has been hit by the downturn at some point. Nonetheless, there are high-quality stocks available at newly discounted prices for almost any type of investor.

The five stocks featured here possess different characteristics that make them good buys for anyone with $500 available to invest. Let's take a look.

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Source Fool.com