{"id":168933,"date":"2025-04-02T21:17:22","date_gmt":"2025-04-02T21:17:22","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/how-to-invest-your-1200-stimulus-check\/"},"modified":"2025-04-02T21:17:22","modified_gmt":"2025-04-02T21:17:22","slug":"how-to-invest-your-1200-stimulus-check","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=168933","title":{"rendered":"How to Invest Your $1200 Stimulus Check."},"content":{"rendered":"


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Investing is the secret to long-lasting wealth. And\u00a0if you want to take wealth-building to a whole new level, you invest in high-quality growth stocks and hold them for the long-term. Here are\u00a0\u00a03\u00a0solid growth stocks to park your $1200 stimulus check into.<\/p>\n<\/div>\n

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1. The Trade Desk, TTD<\/span><\/strong><\/span><\/p>\n

Digital advertising has changed dramatically, and The Trade Desk (TTD)<\/a> is well-positioned to transform and embrace this\u00a0change. TTD<\/a> “operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns in various formats (video, audio, display, social, etc.” TTD reached a 52-week high of $323.78 on 02\/20\/2020. The coronavirus has made the stock relatively more affordable.\u00a0TTD is currently trading at $233.41. With a P\/E ratio of $103.74, an investment in TTD could make you a fortune over the long term.\u00a0<\/p>\n<\/div>\n

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\n\t\t\tTTD Historical Stock Chart. Courtesy The Trade Desk<\/span>\n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n

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2. Tandem Diabetes, TNDM<\/span><\/strong><\/span><\/p>\n

You probably know a person or two with diabetes. Without\u00a0boring you with\u00a0diabetes statistics, let’s just say Tandem Diabetes (TNDM)<\/a>\u00a0is a stock\u00a0you may want\u00a0to add to your portfolio for massive wealth! TNDM is a medical device company that designs, develops and commercializes\u00a0products for people who use insulin to manage their diabetes. The company allows insulin-dependent diabetics to easily manage their diabetes with its various delivery devices and pumps. The current stock price is $66.98. TNDM has a 52-week high and low of $91.65 and $43.69, respectively. Based in San Diego, CA, TNDM has a few products in development. The coronavirus will eventually go away or be contained, but diabetes is here to stay.<\/p>\n

…and last but not least…<\/span><\/p>\n

[RELATED: Dear Mr. Coronavirus. Thank you for the lemons. We’re making lemonade<\/a>.<\/strong>]<\/p>\n<\/div>\n

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3. Tesla, TSLA<\/span><\/strong><\/span><\/p>\n

Tesla’s stock has been on a tear this year (2020). The electric automaker’s stock reached a 52-week high<\/a> of $968.99 on 02\/04\/2020. But the coronavirus came along and disrupted the bullish party. The stock price stumbled to a\u00a0relatively affordable price of\u00a0$430.20 on 03\/17\/2020 from its 52-week high.\u00a0In the last few weeks, however, the\u00a0stock seems to have regained\u00a0its bullish swagger. Tesla commands an extreme competitive\u00a0advantage over its rivals. The electric automaker’s market cap exceeded\u00a0that of General Motors and Ford Motor Company combined earlier this year! One of the most shorted stock, if not the most shorted stock, TSLA\u00a0can exhibit dramatic price fluctuations. As long as\u00a0visionary leader Elon\u00a0Musk is at\u00a0the wheel, we’re getting in and riding along!<\/p>\n<\/div>\n

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The bottom line<\/span><\/strong><\/span><\/p>\n

The secret to building sustainable wealth is to invest in companies with solid business models and hold them for the long term. The Trade Desk, Tesla and Tandem Diabetes are great places to park your money well beyond the stimulus check. Not comfortable investing in individual stocks? This\u00a0large-cap growth index fund<\/a>\u00a0may be a great match.<\/p>\n

Do you have\u00a0better\u00a0stock ideas? Please share with us in the comment section.<\/span><\/p>\n

Disclosure<\/em><\/strong>: We are LONG\u00a0all 3 stocks listed. We do not receive compensation from the companies highlighted, nor do we have any business relationships<\/em> with those companies. All data is current as of 04\/14\/2020, 10:30 PM EST. This article contains\u00a0affiliated links to investment products. We may receive a commission through these\u00a0links when you join the partner<\/a>. Thanks!\u00a0<\/em><\/em>Our full disclaimer<\/a>. <\/em><\/p>\n<\/div>\n

Ready to start\u00a0investing? Choose a platform below.\u00a0\u00a0<\/span>
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Investing is the secret to long-lasting wealth. And\u00a0if you want to take wealth-building to a whole new level, you invest in high-quality growth stocks and hold them for the long-term. Here are\u00a0\u00a03\u00a0solid growth stocks to park your $1200 stimulus check into. 1. The Trade Desk, TTD Digital advertising has changed dramatically, and The Trade Desk […]<\/p>\n","protected":false},"author":1,"featured_media":168934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[67863,855,67862,67859,11079,67864,11452,67861,67860],"dealstore":[],"offerexpiration":[],"class_list":["post-168933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-best-stocks-for-stimulus-check","tag-check","tag-how-much-stimulus-check","tag-how-to-invest-stimulus-check","tag-invest","tag-mutual-funds-stimulus-check","tag-stimulus","tag-what-to-do-with-stimulus-check","tag-where-is-my-stimulus-check"],"yoast_head":"\nHow to Invest Your $1200 Stimulus Check. - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=168933\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Invest Your $1200 Stimulus Check. - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Investing is the secret to long-lasting wealth. 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