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 (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.