Where to Invest $5,000 for the Next 5 Years

Major stock market indices have pulled back substantially in 2022 as investors have been spooked by a variety of factors such as rising inflation, the Federal Reserve's interest rate hikes, supply chain issues, and geopolitical instability in Europe.

The S&P 500 has shed 18% of its value so far this year, while the Nasdaq-100 Technology Sector index is down 32.5%. Many formerly high-flying names have taken a beating. But this could be an opportunity for investors to buy some solid stocks at attractive valuations.

With that in mind, here are a few companies that are on track to benefit from fast-growing trends, and that could reward new investors handsomely over the next five years.

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Source Fool.com