The Smartest Growth Stock to Buy With $500 Right Now

Warren Buffett famously said that he and his investing managers "attempt to be fearful when others are greedy, and to be greedy only when others are fearful." With the stock market near a record high, many investors are a lot greedier than they are fearful right now. Following Buffett's maxim, it's time for prudent investors to be fearful. But does that mean you shouldn't buy any stocks? I don't think so. After all, Buffett's Berkshire Hathaway has continued to buy a few stocks despite being a net seller of stocks for 11 consecutive quarters. However, like the Oracle of Omaha, you'll want to be smart about which stocks you do purchase in a market that's arguably priced for perfection. What's the smartest growth stock to buy with $500 right now? My vote goes to Vertex Pharmaceuticals (NASDAQ: VRTX).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool