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2 No-Brainer Stocks to Buy With $2,000 Right Now
The market is rife with fear about tariffs and their potential impact on the broader economy. This caused many stocks to sell off. Now, though, I think it's time to take action on a few companies that are best in class and have great long-term outlooks.Meta Platforms (NASDAQ: META) and The Trade Desk (NASDAQ: TTD) are the two that top this list. These two are at the top of the pile in advertising, but advertising usually doesn't fare well during economic downturns. So, if you've got $2,000 sitting around, why are they among the best places to deploy the cash?Advertising isn't directly affected by the tariffs, but it might be hit with ripple effects. Tariffs will drive up the cost of goods for consumers, decreasing their spending power. This will decrease the overall revenue and profits generated by companies that sell goods and services. With less money coming in, companies will look to slash costs wherever possible to cushion their profit margins.Continue reading
The market is rife with fear about tariffs and their potential impact on the broader economy. This caused many stocks to sell off. Now, though, I think it's time to take action on a few companies that are best in class and have great long-term outlooks.
Meta Platforms (NASDAQ: META) and The Trade Desk (NASDAQ: TTD) are the two that top this list. These two are at the top of the pile in advertising, but advertising usually doesn't fare well during economic downturns. So, if you've got $2,000 sitting around, why are they among the best places to deploy the cash?
Advertising isn't directly affected by the tariffs, but it might be hit with ripple effects. Tariffs will drive up the cost of goods for consumers, decreasing their spending power. This will decrease the overall revenue and profits generated by companies that sell goods and services. With less money coming in, companies will look to slash costs wherever possible to cushion their profit margins.
