The Best Stocks to Invest $50,000 in Right Now
From Nasdaq:
Invest in Microsoft (NASDAQ: MSFT) for AI-fueled gains, thanks to its collaboration with OpenAI. Microsoft plans to integrate AI into popular software to boost productivity and efficiency. With the global cloud market projected to grow to $2.5 trillion by 2032, Microsoft’s Azure platform is set for substantial growth.
Eli Lilly’s (NYSE: LLY) new anti-obesity drug, Zepbound, can help individuals lose weight and improve health markers like cholesterol and blood pressure. The drug activates hormone receptors to lessen appetite, resulting in significant weight loss. Eli Lilly’s earnings are expected to surge by over 50% annually in the next five years.
Consider investing in Costco Wholesale (NASDAQ: COST) for a steady, defensive stock option. Costco’s low-priced merchandise, popular membership program, and strong profits from membership fees make it a compelling buy. With an increasing number of shoppers expected to visit its stores, Costco’s stock is a smart investment choice.
Read more at Nasdaq: The Best Stocks to Invest $50,000 in Right Now