Where to Invest $5,000 for the Next 5 Years
It is anyone's guess where stocks will be in a few months. But if you measure your investing horizon in years, then you have a much better chance at building wealth in the stock market.
With that long time frame in mind, let's look at a few attractive businesses that are likely to be posting much higher sales and earnings in five years.
Both Chewy (NYSE: CHWY) and Zoom (NASDAQ: ZM) are also conveniently trading at a big discount to the prices that investors were paying just a few months ago. Read on for some good reasons to consider putting $5,000 to work in these beaten-down stocks today.
Source Fool.com