The Best Stocks to Invest $1,000 in Right Now

If you’ve got $1,000 in available funds ready to invest, there are some great stocks worth a closer look at right now. If you’re just starting out with investing, I’d stick to market leaders.

Let’s look at two solid growth stocks that are strong investment options worthy of your $1,000 buy in.

Image source: The Motley Fool.

Apple

If you’ve got a little over $1,000, you can purchase four shares of Apple (AAPL 2.15%), or maybe two shares of Apple and a new MacBook Neo. The new laptop starts at just under $600 and is Apple’s first foray into the budget laptop category.

The Neo has gotten good early reviews and could be a nice growth driver for the company. Apple is all about its ecosystem, so if the Neo can bring more people into its ecosystem, then that’s a smart move. The iPhone remains the company’s bread and butter in terms of devices, and it saw strong sales last quarter. This included China, where the company has had some recent struggles, helped by its new orange-colored iPhone.

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NASDAQ: AAPL

Apple

Today’s Change

(-2.15%) $-5.49

Current Price

$250.27

Key Data Points

Market Cap

$3.7T

Day’s Range

$249.87 - $256.32

52wk Range

$169.21 - $288.62

Volume

1.6M

Avg Vol

48M

Gross Margin

47.33%

Dividend Yield

0.42%

Services, though, remain the company’s big profit growth driver. This segment – which includes its App Store, iCloud storage, Google Search revenue sharing, Apple Pay, Apple TV, and more – has been a consistent mid-teens grower while carrying much higher gross margins. It’s a great compounding business model that should help the stock perform well over the long term.

Amazon

With just over $1,000, you would be able to buy five shares of Amazon (AMZN 0.87%). That could be a smart buy, as the company is both the world’s leader in e-commerce and cloud computing.

Amazon created the cloud computing industry, which now finds itself at the heart of the artificial intelligence (AI) boom. The company is seeing strong growth in this segment, and its revenue should only continue to accelerate. It has locked in deals and investments in two of the leading AI model companies in Anthropic and OpenAI, which, together with increased capex spending, should position Amazon Web Services (AWS) for strong growth in the years to come.

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NASDAQ: AMZN

Amazon

Today’s Change

(-0.87%) $-1.83

Current Price

$207.70

Key Data Points

Market Cap

$2.2T

Day’s Range

$206.23 - $210.56

52wk Range

$161.38 - $258.60

Volume

1.6M

Avg Vol

49M

Gross Margin

50.29%

At the same time, the company is also making its e-commerce business much more efficient through the use of robots and AI. Amazon is a leader in robotic technology, and it now has more than one million robots operating in its fulfillment centers, all powered by its DeepFleet AI model. It’s also using AI to optimize driver routes and improve inventory management. This is all leading to strong operating leverage in this business, with profitability growing much faster than revenue as a result.

Between its cloud computing growth and e-commerce operating leverage, Amazon is a great stock to own for the long haul.