Investors with $500 can consider Amazon, Innovative Industrial Properties, and Johnson & Johnson

From Nasdaq: 2024-06-19 05:21:00

Wall Street is currently experiencing a strong bull market, but this wasn’t always the case. Throughout this decade, markets have fluctuated between bear and bull markets. However, history shows that long-term investors can benefit from market rallies after corrections and bear markets. Online brokers have also made it easier for retail investors to start growing their wealth.

Amazon is a top-pick stock for investors with $500 to invest right now. As the largest online marketplace in the world, Amazon’s e-commerce segment accounted for nearly 38% of domestic online sales in 2023. With high-growth segments like Amazon Web Services and advertising services, Amazon remains a solid value at 12 times cash flow for 2025.

Innovative Industrial Properties, a real estate investment trust (REIT), is another great option for investors with $500. By leasing properties to cannabis companies for extended periods, IIP offers reliable rental income. With a triple-net lease structure and a successful sale-leaseback program, IIP ensures predictable adjusted funds from operations.

Johnson & Johnson is an attractive stock for investors looking to spend $500. As a healthcare giant with a 62-year streak of raising annual dividends, J&J offers a solid 3.4% yield. Despite legal challenges from talcum-based baby powder lawsuits, J&J generates significant operating cash flow and has maintained a AAA credit rating.

For investors hesitant to put their money in Amazon, the Motley Fool Stock Advisor analyst team has identified 10 stocks with strong growth potential. By investing in the right stocks, like Nvidia in the past, investors can see impressive returns in the long run. The Stock Advisor service provides guidance on building a successful portfolio with regular updates and new stock picks.



Read more at Nasdaq: 3 No-Brainer Stocks to Buy With $500 Right Now