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Key Points
- It’s always an opportune time for long-term investors to put money to work in the stock market.
Where should you invest $1,000 right now?
This past week, the broad-based S&P 500 hit a fresh all-time closing high, which has been a common theme for the widely followed index this year.
But just because the benchmark index is higher now than at any point in its storied history doesn’t mean it’s not an opportune time to put money to work in the market. History has shown time and again that growth in operating earnings pushes the valuation of high-quality companies higher over time. In other words, even though stock market corrections happen frequently, they’re inconsequential to the gains investors can generate from buying and holding great companies.
If you have $200 in cash ready to put to work, which won’t be needed to cover bills or an emergency, the following five stocks are no-brainer buys that you can invest in right now.
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