The Best Stocks to Invest $50,000 In Right Now
With the S&P 500 climbing, extending its gains in this bull market, you may wonder if it's too late to get in on the action. But I've got some good news for you: When you invest over the long term -- at least five years -- you'll find great investing opportunities during any market environment. In investing, time is on your side, offering you the chance to benefit as a company evolves and delivers on various promises from product launches to earnings growth.
Today is a particularly interesting moment to invest in technology as we head for what could be the next revolution in the field: artificial intelligence (AI). Some AI stocks have soared, while others haven't yet gained momentum -- and in both of these areas, you'll find players likely to gain over the long term. That's why if you have $50,000, or even a smaller amount, that you don't need for everyday expenses and want to grow over time, it's a fantastic idea to invest it in a basket of tech stocks that may benefit from the AI boom.
So now, let's talk about the best stocks to buy right now. The following four all could become AI winners, but they also have solid businesses beyond this technology. So, when you buy them, you aren't betting the farm on just one particular area, and this offers you a fantastic combination of growth and safety.
Source Fool.com