1 No-Brainer Growth ETF to Buy Right Now for Less Than $1,000
This ETF outperforms its benchmarks and large-cap growth ETFs.
Overview
If you have $1,000 to invest in growth stocks, you could buy a few shares of Nvidia, one share of Micron Technology, or a fractional share of Sandisk. Or you could invest in an exchange-traded fund (ETF) that tracks growth stocks within an index, like the S&P 500.
A better idea right now, given the number of inflated stock valuations, economic uncertainty, and market volatility, is the MarketDesk Focused U.S. Momentum ETF (NASDAQ: FMTM). The MarketDesk Focused U.S. Momentum ETF is a growth ETF, but it focuses on stocks of stable companies with growth momentum and upward price movement.
Details
The ETF is so inexpensive that you could buy roughly 25 shares with a $1,000 investment. I invest in this ETF, which speaks to my conviction in it. Hereʻs why I think itʻs a no-brainer growth ETF to buy right now.
Source
Originally published at www.fool.com.