5 Stocks to Spend Your Stimulus Check On
These familiar brands are all undervalued today.
Congress just approved a third round of stimulus, which will send another $1,400 to the bank accounts of many Americans later this month. What will we be spending those dollars on? Stocks, apparently. A new report from Deutsche Bank finds that half of 25- to 34-year-olds surveyed plan to invest 50% of their stimulus checks in the stock market. Other age groups were looking to put money to work in stocks, too--albeit at a lesser rate.
Given how well stocks have performed lately, where can you find opportunities that don't carry a lot of price risk and have room to run?
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.