After taking a tariff-induced breather for a few months earlier this year, the market is back in bullish form. Investors are enthusiastic about moderating inflation, potential interest rate cuts, and the ever-expanding potential of the U.S. economy. The S&P 500 is up nearly 8% year to date, and the growth-stock-heavy Nasdaq-100 is up 10%.
If you’re looking to get in on the action today, and you have $1,000 to invest for the long term, Shopify (NASDAQ: SHOP) and On Holding (NYSE: ONON) are two great options.
Image source: Getty Images.