The Best Stocks to Invest $500 in Right Now

The U.S. stock market has demonstrated exceptional strength in 2024, with the benchmark S&P 500 up by 26.6% as the year drew to a close. The Federal Reserve's expansionary monetary policy, rapid advancements in artificial intelligence technologies, and the increasing strength of the technology sector seem to have played pivotal roles in this growth.Not surprisingly, many AI-powered technology stocks rose dramatically in 2024, and now trade at expensive valuations. However, some of these still have huge scopes for growth.If you have even a modest amount of money that you can commit to your portfolio now for the long term -- even $500, for example -- purchasing any of these three stocks as 2025 arrives could be a smart move.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool