Innoviva, Inc. (NASDAQ:INVA) Short Interest Update
Feb 19, 2025
Got $1,000 to Invest? Here Are 3 Technology Stocks You Should Consider
When looking to invest $1,000 in the stock market, many individuals gravitate towards cheaper stocks, often those priced under $10. The idea of finding a stock that can multiply in value significantly is a tempting prospect for investors.
However, new investors should realize that high potential rewards usually carry increased risks. Even promising stocks might take years to yield substantial returns.
This situation warrants assessing the opportunity cost associated with holding on to those low-priced stocks. Over the last couple of years, the opportunity cost may have led investors to overlook stocks like those in the Magnificent 7 category, which have provided remarkable gains since 2022.
Fortunately, there are ways to achieve steady growth without resorting to ETFs. Let’s explore three technology stocks that present excellent investment opportunities for those ready to invest $1,000 in 2025.
NVIDIA: A Game Changer in 2024
NVIDIA Stock Forecast
12-Month Stock Price Forecast:
$164.63
11.83% Upside
Based on 43 Analyst Ratings, this stock is categorized as a Moderate Buy.
| High Forecast | $220.00 |
|---|---|
| Average Forecast | $164.63 |
| Low Forecast | $85.00 |
In recent years, NVIDIA Corp. (NASDAQ: NVDA) has emerged as one of the standout performers in the stock market. Ranking as the best performer in the S&P 500 in 2023 and third in 2024, it has demonstrated significant growth.
Despite its incredible performance, investors may still wonder if now is a good time to buy NVDA. Notably, NVIDIA executed a 10-for-1 stock split in June 2024, making shares more accessible for retail investors. With an investment of $1,000, you could acquire over nine shares of NVDA.
What drives NVIDIA’s growth is the soaring demand for its graphic processing units (GPUs), necessary for advanced AI applications. The launch of the high-performance Blackwell GPU in 2024 created a substantial backlog of orders, ensuring continued revenue growth and robust earnings.
As of January 23, NVDA stock has risen approximately 8.8% and recently surpassed its 50-day moving average, indicating a positive trend potentially bolstered by strong earnings expected in February.
Amazon: A Classic Stock with More Potential
Amazon.com Stock Forecast
12-Month Stock Price Forecast:
$247.72
5.22% Upside
| High Forecast | $290.00 |
|---|---|
| Average Forecast | $247.72 |
| Low Forecast | $186.00 |
Amazon.com Inc. (NASDAQ: AMZN) is an exemplar of a classic 10-bagger stock. Many early investors reaped substantial profits buying AMZN during its humble beginnings as an online bookstore. Today, Amazon is a trillion-dollar giant dominating the e-commerce and cloud computing landscape, particularly with Amazon Web Services (AWS).
In the three years from 2022 to 2024, AMZN stock delivered a total return exceeding 62%, which is impressive considering its size often hampers riskier competitors. Additionally, AWS has been a key driver for the company's recent performance.
According to market research forecasts, e-commerce and cloud segments are projected to grow at a compound annual growth rate of nearly 20% until 2030, with Amazon likely to capture a significant share as the market leader.
Over its nearly 30-year history, Amazon has enacted four stock splits, the latest being a 20-for-1 split in 2022, placing the stock at a price where a $1,000 investment could buy multiple shares.
Meta Platforms: Positioned for Growth
Meta Platforms Stock Forecast
12-Month Stock Price Forecast:
$654.20
2.79% Upside
This stock is also designated as a Moderate Buy based on 43 analyst ratings.
| High Forecast | $811.00 |
|---|---|
| Average Forecast | $654.20 |
| Low Forecast | $360.00 |
The potential for a TikTok ban in the United States has created a unique opportunity for investors. In this context, Meta Platforms Inc. (NASDAQ: META) stands to gain significantly.
Even if TikTok is not banned, there could still be adverse effects, with users looking for alternative platforms, thus benefiting Meta, the parent company of Instagram, which competes directly with TikTok.
Morgan Stanley estimates that Meta could potentially add between $2.46 billion and $3.38 billion in advertising revenue should a ban occur. While this is speculative, the shift in content creators' focus towards alternatives is likely to positively impact META's stock, which has a favorable valuation around 27 times forward earnings.
Conclusion: Smart Moves for Your Investment
If you are pondering where to invest your $1,000, consider these technology stocks as serious contenders. Each offers different prospects for growth and serves as a solid entry point for new investors. Always remember to conduct your due diligence and consider your personal investment goals before making any decisions.
investing, stocks, technology