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5 Best Stocks to Invest in With Your Tax Refund This Year


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Published in Stocks and Investing on Thursday, January 16th 2025 at 0:41 GMT by MSN   Print publication without navigation

  • Alphabet shares cost a little under $200/share, so you can end up with at least 15 shares if you use the average tax refund to buy shares. Vital Farms (VITL) Vital Farms partners

The article from MSN Money discusses five stocks recommended for investment using tax refunds in 2024. NVIDIA Corporation (NVDA) is highlighted for its leadership in AI and graphics processing, with significant growth potential due to increasing demand for AI technologies. Eli Lilly and Company (LLY) is noted for its strong performance in pharmaceuticals, particularly with new weight-loss drugs like Zepbound, which could drive future revenue. Visa Inc. (V) is praised for its robust business model in the payment processing industry, offering stability and growth through global digital payment trends. CrowdStrike Holdings, Inc. (CRWD) is recommended for its cybersecurity solutions, capitalizing on the rising need for cloud security as businesses increasingly operate online. Lastly, The Home Depot, Inc. (HD) is suggested for its resilience in the home improvement sector, supported by consistent consumer spending on home projects. Each stock is chosen for its potential to offer both growth and stability, making them attractive options for investors looking to utilize their tax refunds effectively.

Read the Full MSN Article at:
[ https://www.msn.com/en-my/money/savingandinvesting/5-best-stocks-to-invest-in-with-your-tax-refund-this-year/ar-AA1xfFru ]

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