7 Best Stocks to Buy Now With $1,000

7 Best Stocks to Buy Now With $1,000

Here are seven of the best ways to invest $1,000 right now.

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.

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