The Smartest Growth Stock to Buy With $5,000 Right Now
Investors tend to gravitate to growth stocks they perceive as smart. Indeed, the idea of a smart stock can depend heavily on one's point of view.Still, most would agree that buying a wonderful company at a fair price, as Warren Buffett advises, would qualify a stock as such a pick. This may be especially true of an investor who has $5,000 to put in a growth stock, as even that relatively modest sum could grow significantly in size with the right investment.One stock that arguably fits those criteria is Advanced Micro Devices (NASDAQ: AMD). Since Lisa Su took over as CEO in 2014, the company has recovered from the brink of bankruptcy and become a top semiconductor stock. Amid the artificial intelligence (AI) revolution and the soaring demand for chips, the company and its shareholders should prosper; here's why.Continue reading
Investors tend to gravitate to growth stocks they perceive as smart. Indeed, the idea of a smart stock can depend heavily on one's point of view.
Still, most would agree that buying a wonderful company at a fair price, as Warren Buffett advises, would qualify a stock as such a pick. This may be especially true of an investor who has $5,000 to put in a growth stock, as even that relatively modest sum could grow significantly in size with the right investment.
One stock that arguably fits those criteria is Advanced Micro Devices (NASDAQ: AMD). Since Lisa Su took over as CEO in 2014, the company has recovered from the brink of bankruptcy and become a top semiconductor stock. Amid the artificial intelligence (AI) revolution and the soaring demand for chips, the company and its shareholders should prosper; here's why.
