The best time to start investing is right now, and even if you only have $1000 to spend, some stocks are solid buys that are likely to ride the tide of inflation and gain in value over time.
The best time to invest is right now. The stock market is a long game, making gains over time. Getting in and staying in is preferable to waiting for peaks and valleys to change or waiting out inflation. That said, here are two stocks to consider investing $1000 in.
You can either invest in the one stock you prefer or put $500 into each. The numbers for the stocks were current as of April 15, 2022, a.m. Don’t let the down numbers worry you. The dip helps make the stocks more affordable. Secondly, these two companies have a history of rebounding.
Price per share: $3034.13
Today’s change: -2.46%/-$76.69
Experts believe it’s only a matter of time before Amazon surges again. Currently, its stock price is down 8.5% over last year, trailing the 7.4% return of the broader S&P 500 index. However, in the fourth quarter of 2021, Amazon’s revenue was still up 57%. Consider that a $1000 investment in Amazon in 2012 would be worth over 16,000 today, according to the Motley Fool.
Amazon is expanding its investments and fulfillment capacity. In the last two years, it doubled its fulfillment capacity, generating 470 billion in revenue last year and greatly accelerated its revenue during the pandemic.
Price per share: $165.29
Today’s change: -3.00%/-$5.11
Apple appears to have a good strategy for increasing revenue as budgets get squeezed in this time of inflation. The company plans to release a budget family iPhone SE.
Apple is seeing its revenue increase due to higher demand for absent subscriptions. Overall, Apple is scoring record revenue in its services due to its installed base of devices. Apple earned $19 billion, a 24% growth year-over-year.
According to a report by Bloomberg, Apple may be offering subscription plans that allow customers to buy hardware devices, expanding the adoption of iPhones.
Last quarter, Apple recorded a record product revenue of $104 billion as a result of launching the new iPhone 13 last fall. The sales are an impressive feat, considering the significant supply chain constraints that have made sourcing components difficult for the semiconductor industry for electronics manufacturers.
Current price: $50.93
Today’s change: +1.55%/+$0.78
Citibank reported a $22 billion in net income in 2021, on revenue of $71.9 billion with a profit margin of 31%, according to the Fool.com.
Experts say investing in the top bank stock at a time when the economy is doing well, and interest rates are rising can be a great move for investors. They add that even if the economy moves to a recession, you can know you bought the stock at a discount, as Citigroup trades at nearly half its book value.
Citigroup is a stock that can bring positive cash flow quarterly every February, May, August, and November. It currently pays a modest yield of 4%.
It’s worth noting that if you have a sizable amount to invest, such as $30,000, you could see a quarterly dividend income of $300, or $1200 on the year, according to estimates.