Where to Invest $5,000 Right Now

Do you have $5,000 that you can afford to invest right now? One year ago, if you were to invest that much into shares of AbbVie (NYSE: ABBV), FedEx (NYSE: FDX), or Alibaba Group (NYSE: BABA), you would have made at least $1,000 regardless of which stock you chose. And it's not too late to invest in them today.

These businesses are still growing, and I think their shares can still generate double-digit returns in 2021. With multiple industries covered, they can even be great investments to hold together to help diversify your portfolio. Here's what these companies are up to and why their stocks are still buys.

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Source Fool.com