The Best Stocks to Invest $50,000 In Right Now
Investing is a long-term pursuit. The best way to accumulate excellent returns is to buy great businesses and hold their stocks over many years. Using this approach, even relatively small initial purchases, say $50,000, can translate into substantial portions of a retirement fund in the long run. Long-term patience is a key component of most successful wealth-building strategies, after all.
With that positive prospect in mind, let's look at a few attractive stocks that appear to have excellent fundamentals as long-term holds. Read on for some good reasons to buy (NASDAQ: AAPL), Palo Alto Networks (NASDAQ: PANW), and Shopify (NYSE: SHOP) stocks right now.
Apple needs no introduction as a tech stock, given that its brand dominates high-end consumer tech niches from smartphones to tablets to wearables. Yet what many investors often miss about this business is its incredible financial strength. Apple's stock has the largest market cap on the market for good reason -- nobody can match Cupertino's incredible cash-generating prowess.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 147 Buy predictions and 17 Sell predictions.
As a result the target price of 224 € shows a slightly positive potential of 12.43% compared to the current price of 199.24 € for Apple Inc..
