The Best Stocks to Invest $500 in Right Now

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The best time to invest is when you have cash to deploy. You might not always get the valuation or timing correct in an investment.

However, if you build a portfolio of quality stocks that consistently grow and build value for shareholders, you are likely to do very well. If you have $500 to put to work today, here are three Canadian tech stocks to look at right now.

A small cap tech stock with big growth potential

Small cap stocks are a great place to invest for outsized, rapid returns. Likewise, if you wish to multiply your investment many times, it is best to start with smaller companies that have significant capacity to grow. VitalHub (TSX:VHI) only has a market cap of $369 million. However, it could become significantly larger in the years ahead.

It is amazing that this stock is over three times more valuable than it was last year when it traded with a market cap of only $100 million. VitalHub provides specialized software…

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