The Smartest Way to Invest $5,000 in a Trillion-Dollar Stock Over Private Space Plays
Skip the space speculation. Here's why a trillion-dollar retail giant could be the smarter place to invest $5,000 today.
Overview
Space is one of the most exciting investing themes going, but the ways to play it are frustrating. The buzziest names, like Jeff Bezos's Blue Origin, are private and off-limits to most people, and the one giant that went public, Space Exploration Technologies, trades at a dizzying valuation and swings wildly from day to day.
If you have $5,000 and want to put it somewhere sturdier, I would skip the space lottery tickets entirely and back a trillion-dollar consumer goods stock that quietly joined that elite club this year: Walmart (NASDAQ: WMT).
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.