The best stocks to buy right now with $500


Buying top companies that invest in fast-growing trends and holding them can create wealth for investors in the long run.

That’s why if you have $500 right now—after paying bills, saving up for hard times, and clearing high-interest debt—and are looking to put that money to work in the market, it might be a good idea to invest in stocks. Ciena (NYSE: CIEN ) and Dell Technologies (NYSE: DELL)individually or jointly.

Will AI create the world’s first trillionaire? Our team just published a report on a little-known company, called “Essential Dependency” that provides critical technology to both Nvidia and Intel. Continue »

Let’s see why these two fast-growing companies can be the best way to invest $500 in the stock market.

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Siena stock has grown a remarkable 435% in the past year. The company’s phenomenal rise is driven by strong demand for its optical network components, which are used in artificial intelligence (AI) data centers to enable faster connectivity over long distances. As a result, Sienna receives more orders than it fulfills.

The company reported a 33% year-over-year revenue increase in the first quarter of fiscal 2026 (which ended on January 31, 2026). Its adjusted earnings rose by 111% to $1.35 per share, driven by a favorable product mix and cost-cutting efforts. The good news for investors is that Sienna is confident that it can maintain its excellent growth in fiscal 2026.

It raised its full-year gross margin guidance by one percentage point. It now expects revenue to rise 28% this year to $6.1 billion, in the middle of its guidance range, up from an earlier expectation of $5.9 billion. Siena could easily exceed its updated guidance, as its order backlog at the end of last quarter was $7 billion. The backlog increased to $2 billion in fiscal Q1.

That’s why Sienna is able to achieve the 132% increase in earnings that analysts expect from the company this year. Don’t be surprised to see this strong growth lead to more upside in this tech stock, making it an excellent investment for growth-oriented investors.

AI has proven to be a powerful catalyst for Dell Technologies, a company traditionally associated with computers, peripherals, and server systems. Growing demand for Dell’s AI-optimized servers led to a 39% increase in the company’s revenue in Q4 2026 to a record $33.4 billion. That was better than Dell’s 19% annual revenue growth, which set a record at $113.5 billion.

The company received $46.1 billion in orders for its AI servers last year. It shipped $25.2 billion worth of AI servers in fiscal 2026, a number it expects to double this year. Dell could easily hit $50 billion in revenue from AI products in fiscal 2027, given that it ended last year with a $43 billion order backlog.

As a result, don’t be surprised to see Dell exceed its fiscal 2027 revenue guidance of $140 billion and expect revenue growth of 25%. Dell was the largest player in the AI ​​server market in 2024, with a 20% share. Its AI revenue growth rate suggests that it will easily surpass the 34% annual growth that the overall AI server market is poised to clock by 2030.

As this AI stock trades at an impressive 17 times earnings, buying it seems like a no-brainer given its enormous growth potential.

Before you buy stock in Siena, consider this:

of the Motley Fool Stock Advisor The analyst team identified only what they believed 10 best stocks For investors to buy now… and Sienna was not one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix This list was created on December 17, 2004 … If you invested $1,000 at the time of our recommendation, You will have $514,000or when Nvidia This list was created on April 15, 2005 … If you invested $1,000 at the time of our recommendation, You will have $1,105,029!*

Now, this is significant Stock consultant The total average return is 930% – Outperformed the market by 187% for the S&P 500. Don’t miss the latest Top 10 list, available with Stock consultantand join an investment community created by individual investors for individual investors.

View 10 Stocks »

* Stock Advisor returns to March 14, 2026.

Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has and offers positions in Siena. Motley Fool has a disclosure policy.

The Best Stocks to Buy Right Now Under $500 was originally published by The Motley Fool

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