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Is this the best investment right now? Here’s what you need to know

Is this the best investment right now? Here's what you need to know
Nemanja Curcic

The single most important question for each and every investor out there remains the same: is this the best investment right now? Many things are at stake, and choosing correctly could result in hitting a motherlode and going home with a hefty return on your investment. Today’s article will aim to discover what is the best investment to make right now, with all the relevant data to help you do it.

What sectors are doing well right now?

Various parts of the market perform at different levels, some failing to pull their own weight, others lifting above their size. Here’s our pick for the best-performing markets right now:

Agriculture 

The introduction of biotechnological improvements and sustainable farming practices has reshaped traditional production methods and made agriculture an attractive sector to invest in right now.

Is this the best investment right now? Global sustainable agriculture market research report.
Global sustainable agriculture market research report. Source: insightaceanalytic.com

We always need to eat and drink, no matter the geopolitics or how the economy performs. Therefore, agriculture is vital to food security and remains tightly connected to climate change and ecological movements. According to the OECD, global food consumption is estimated to increase by 1.3% annually on average. Although this is lower than in the previous decade due to slower population growth, it guarantees an increasing market in the near future.

Healthcare

In the wake of the recent pandemic, our society has once again recognized healthcare as a sector of significant societal importance. With considerable growth potential due to the aging population, healthcare is an attractive investment opportunity, especially in gene therapy and precision medicine. Furthermore, rising mental health awareness also offers new economic opportunities.

Is this the best investment right now? U.S. Smart Healthcare Market chart.
U.S. Smart Healthcare Market chart. Source: grandviewresearch.com

The healthcare industry has partnered with pharma and biotech companies to accelerate advancements in personalized care, genetic therapy, and AI-assisted operations. Despite high costs and ethical considerations, the recent market surges with weight-loss drugs, robotics, and neurodegenerative disease treatments signalize the increased demand for innovation and future growth potential.

Technology – the best-performing sector right now

Several branches are doing quite well, but the best investment right now is definitely in the tech sector.

While technology is a broad category, its most prominent segments remain semiconductors, cybersecurity, blockchain, quantum computing, and, most importantly, artificial intelligence.

Considered revolutionary, its boom in recent years has single-handedly carried the sector, exemplified by the fact that 62% of total marketing technology budgets went to generative AI technologies. While there are ongoing regulatory and ethical discussions about copyright and monetization, it has already left a mark that is impossible to undo.

Is this the best investment right now? Global Information Technology Market Size, 2031
Global Information Technology Market Size, 2031 chart. Source: businessresearchinsights.com

Innovation and ubiquitous application across all industries have secured AI’s place in the future. With new machine learning breakthroughs and more sophisticated large language models (LLMs), what has until recently been a part of the science fiction genre has become possible, from autonomous vehicles and new proteins to cloud infrastructure and AI-made art.

According to Forbes, the global AI market is forecast to expand at a CAGR of a whopping 37.3% from 2023 to 2030 and reach a market valuation of over $1.8 trillion by 2030.

Best technology stocks to invest in right now

Information technology is the best-performing S&P 500 sector, with 30.30% weighting in the index. Within the sector, however, the five most successful American tech stocks are:

Company Ticker  Index weight (as of May ’24)
Microsoft MSFT 7.08%
Apple  AAPL 5.72%
Nvidia NVDA 5.47%
Amazon AMZN 3.85%
Meta META 2.52%
The largest SPY (ETF tracking the S&P 500) holdings by weight.

Microsoft – the best investment right now

With everything taken into account, the best stock to invest right now in the best-performing sector currently in the market is Microsoft Corporation (NASDAQ: MSFT).

Microsoft has been a leading tech conglomerate for a while now, but its recent efforts to infuse artificial intelligence into each component of its product portfolio are bearing fruit. In 2023, Microsoft stock has grown 63%, leaving the average S&P 500 gains of 28% in the dust.

Since the start of 2024, MSFT has increased its price by 9.49% and remains poised to boost its fiscal stats further. If you ask Wall Street analysts, they’ll tell you the average price forecast 12 months from now will be 19.60% higher, which is an excellent indicator that the stock could provide decent returns if you invest in it right now.

Is this the best investment right now? MSFT stock price forecast 2025.
MSFT stock price forecast 2025. Source: tipranks.com

Nvidia stock price

As of May 8, MSFT stock price is $409.34, representing a significant growth of 31.99% in a year-to-year price. 

The best investment right now – the bottom line

Although many sectors shine brightly and deliver decent returns to investors, like healthcare and agriculture, the undisputed winner in the market race so far is technology. In fact, it could probably be the best investment right now.

Much of its growth is owed to the rapidly advancing artificial intelligence technology, particularly in the generative AI domain. It seems as if everything AI touches transforms into something better, from biotechnology and retail to marketing and even the creative industry.

That said, Microsoft is the current leader in the technology race. With its robust pipeline and product portfolio, fine financials, and detailed plan for its AI future, it has reassured investors across the world to pour money into it and receive their portion of rewards, seemingly without error.

Remember, no investment is guaranteed, no matter how lucrative it seems. Do your own research before you spend any money.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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