7 Best Stocks to Buy Now With $1,000

For the final Sunday before the holidays begin I submit this week's edition of U.S. News Invested with their recommendations of the best stocks that can be purchased right now for a thousand dollars or less.  Hope everyone enjoyed the weekend.  

DECEMBER 17, 2021 Invested Advice, rankings and stock market news for investors.

Happy Friday, investors. Highlights of today's newsletter include: 7 Best Stocks to Buy With $1,000 7 Best Tech ETFs to Buy for 2022 Tax Deductions for Financial Advisor Fees TODAY'S FEATURED STOCK STORY 7 Best Stocks to Buy Now With $1,000 If you have an extra $1,000 sitting in a savings account, one of the best ways to put that money to work is to invest in the stock market. If it's the first $1,000 you've ever invested, buying a low-cost, diversified S&P 500 exchange-traded fund, such as the SPDR S&P 500 ETF Trust (ticker: SPY) is a relatively low-risk place to start. However, if you'd rather start building your own stock portfolio from scratch, here are seven blue-chip stocks to buy right now with $1,000 that have "buy" ratings from the Morningstar analyst team. 1. Meta Platforms Inc. (ticker: FB). First among the best stocks to buy now with $1,000 is Meta Platforms, the parent company of popular apps Facebook, Instagram, WhatsApp and Messenger. The company recently announced a rebranding that marks a transition in focus from social media to the metaverse, a virtual world that is like a version of the internet that users enter rather than just view. Analyst Ali Mogharabi says Facebook and Instagram's massive user bases will continue to grow, presenting an unmatched opportunity for advertisers. Facebook recently reported that 3.58 billion users access at least one of its apps per month. Morningstar has a "buy" rating and a $404 fair value estimate for FB stock, which closed at $341.66 on Dec. 15. 2. Berkshire Hathaway Inc. (BRK.B) For investors seeking diversification within a single stock, Berkshire Hathaway is a great place to start. Berkshire is the holding company run by CEO and Wall Street legend Warren Buffett. Berkshire holds stakes in more than 40 different public companies, including Apple Inc. (AAPL), Bank of America Corp. (BAC) and American Express Co. (AXP). Berkshire also wholly owns several subsidiaries, including GEICO, Duracell and Dairy Queen. Analyst Greggory Warren says Berkshire's decentralized business model, impressive cash flow, diversified investment portfolio and exceptional balance sheet make it a unique investment opportunity. Morningstar has a "buy" rating and a $320 fair value estimate for BRK.B stock, which closed at $294.58 on Dec. 15. Click here to continue reading.   Best stocks to buy with $1,000: Meta Platforms Inc. (FB) Berkshire Hathaway Inc. (BRK.B) Exxon Mobil Corp. (XOM) Salesforce.com Inc. (CRM) Comcast Corp. (CMCSA) Coca-Cola Co. (KO) Verizon Communications Inc. (VZ)