3 Growth Stocks to Invest $1,000 in Right Now: Figma, Axon Enterprise, and Toast

Figma, Axon Enterprise, and Toast are three growth stocks to invest $1,000 in right now, according to a finance expert. Figma, a developer of design tools, has a 60% discount from its early August peak and is now profitable with a 129% net dollar retention rate for customers. Despite its high valuation of 28 times trailing revenue, investors should consider it a long-term opportunity.

Figma, a developer of design tools, has experienced significant volatility since its July 2025 IPO. Despite a 60% discount from its early August peak, Figma remains a promising long-term opportunity for investors. The company's profitability and a 129% net dollar retention rate for customers suggest a strong foundation for growth.

Axon Enterprise, a provider of enterprise-grade IoT solutions, has also shown potential. While its stock price has fluctuated, the company's focus on innovation and strategic partnerships positions it well for future expansion.

Toast, a cloud-based restaurant management system, has seen steady growth and is expected to continue its upward trajectory. The company's focus on customer success and strategic investments make it an attractive option for investors.

These stocks offer a mix of growth potential and established fundamentals, making them suitable for a $1,000 investment. However, investors should conduct thorough research and consider their risk tolerance before making any investment decisions.