As we slowly recover from the economic downturn of 2022, many are looking for ways to invest their money and make a return. Despite the slow recovery in 2023, investors still have opportunities to make smart decisions with their money. With $2000 to invest, the stock market is one option.
In this article, we’ll explore some top stocks to invest in right now that can provide a solid return on your investment. Whether you’re a long-time investor or new to the game, these options are worth considering in today’s market.
Amazon’s cost-cutting initiatives, including job cuts, are expected to increase profitability soon. As a result, the e-commerce giant is poised to generate free cash flows as it continues to dominate the online shopping space, which accounted for 14.6% of all retail sales in Q4 2022.
In addition, Amazon’s AWS (Amazon Web Services) is the company’s next biggest earner and a rising star, with plans to exponentially grow its cloud services over the next decade. As a result, investing in Amazon stock could be a brilliant move for those looking to make a return on their $2000 investment.
Vertex Pharmaceuticals is another company to consider when investing $2000 in the stock market. The company has ambitious plans to launch new products targeting five different diseases within the next five years, according to CEO Reshma Kewalramani.
Two of these products are already in sight, with the company’s partner CRISPR Therapeutics edging closer to winning approval for sickle cell disease. The PKA program’s five-year plan represents a multi-billion dollar opportunity for Vertex Pharmaceuticals.
If the company successfully launches these new products, its stock could soar, making it a potentially lucrative investment. However, it’s important to note that investing in biotech and pharmaceutical companies carries a higher level of risk due to regulatory hurdles and clinical trial outcomes.
For investors seeking a more stable and long-term investment, Brookfield Infrastructure is worth considering. The company offers up to 4.5% dividends, which have grown at 10% annually since 2009.
In addition, Brookfield Infrastructure owns a diverse range of infrastructure assets that generate consistent revenue, including electricity distribution, logistics, oil pipelines, roads, telecom towers, data centers, and railway logistics.
These assets are considered critical to the functioning of modern society, and the demand for them is expected to remain stable or increase over time. As a result, investing $2000 in Brookfield Infrastructure’s stock could provide a reliable source of passive income through dividends.
Additionally, the company has a proven track record of consistently growing its dividends, making it an attractive option for long-term investors seeking a stable return on their investment.