The Best Stocks to Invest $50,000 in Right Now

Right now is a great time to invest in technology stocks -- for two reasons. First, we're at the beginning of the growth story for a promising new area, and that's artificial intelligence (AI). JPMorgan Chase Chief Executive Officer Jamie Dimon has even said that AI could be as transformational for the world as the steam engine and the internet. And analysts predict that in just the time frame of today through 2030, the AI market could grow from $200 billion to more than $1 trillion.Second, some of these players are trading at reasonable valuations right now considering their long-term prospects. That offers investors an opportunity to get in on this exciting growth story at a fair price.So, if you have $50,000 to invest and are looking to buy growth stocks, it's a great idea to pick up technology players that operate in the AI space, from designers of AI products to those who use them or sell AI services to others. I would spread this investment across several players and of course, make sure that this is in the context of a diversified portfolio; it's always best to invest across a few sectors in case one falls on hard times.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool