Looking to invest $200 in growth stocks? Here are two no-brainer options to consider right now.
1. Amazon (NASDAQ: AMZN) – With its dominant position in e-commerce, cloud computing, and streaming services, Amazon continues to show strong growth potential. The company’s recent expansion into new markets, such as healthcare and grocery delivery, further solidifies its position as a long-term growth stock. With a solid track record of innovation and a strong balance sheet, Amazon is a solid choice for investors looking for growth.
2. Shopify (NYSE: SHOP) – As more businesses move online, Shopify stands to benefit from the growing trend of e-commerce. The company’s platform allows businesses to easily set up and manage their online stores, making it a popular choice for small and medium-sized businesses. With a strong growth trajectory and a loyal customer base, Shopify is well-positioned to continue its growth in the coming years.
Both Amazon and Shopify offer investors a solid opportunity for growth with their strong market positions and innovative business models. Investing $200 in these stocks now could yield significant returns in the long run.