Looking to invest $1,000 in growth stocks? Here are two no-brainer options to consider.
The first stock to look at is Amazon (NASDAQ: AMZN). As one of the largest e-commerce companies in the world, Amazon has continued to see impressive growth in recent years. With a strong track record of innovation and a loyal customer base, Amazon is well-positioned for future success. The company’s cloud computing business, Amazon Web Services, also provides a steady stream of revenue.
Another great option for growth investors is Netflix (NASDAQ: NFLX). With the rise of streaming services, Netflix has become a household name in entertainment. The company continues to invest in original content and expand its subscriber base globally. As more people cut the cord on traditional cable, Netflix stands to benefit from this shift in consumer behavior.
Both Amazon and Netflix are solid choices for investors looking to grow their portfolio. With $1,000 to invest, consider adding these two stocks to your portfolio for long-term growth potential.