22.12.2024 13:39:00
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The Best Stocks to Invest $1,000 in Right Now
After soaring in 2024, the stock market is approaching the end of December in a volatile fashion. On Friday, Dec. 20, artificial intelligence (AI) chip designer Nvidia is down by 11% in a month.The stock is still up by 161% year to date, but that's a pretty sharp correction. If you have been looking for an opportunity to buy Nvidia shares at a lower price, this just might be the correction you've been waiting for.Even so, market darling Nvidia isn't my favorite stock pick right now. The shares are still pricey at 52 times trailing earnings or 58 times free cash flow, and there are lots of modestly priced alternatives out there.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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