A $5,000 funding generally is a good quantity to intention for in case you’re shopping for shares on this bear market. It is a big sufficient determine the place in case you decide a winner, it could possibly imply lots of and even hundreds of {dollars} in income. On the similar time, you ideally aren’t placing cash that will play an enormous position in your retirement plans in danger.

A few good choices for a $5,000 funding right now are two beaten-down progress shares buying and selling close to their lows: Elanco Animal Well being (ELAN -1.30%) and Paramount World (PARA 1.08%).

1. Elanco Animal Well being

Do you know that greater than 90 million houses within the U.S. have a pet, or 70% of households? Canines and cats are by far probably the most generally owned pets, and even a routine vet go to can value round $200. And surgical vet visits can value greater than $450 for canine, based mostly on a current survey that the American Pet Merchandise Affiliation performed.

Elanco sells therapies and merchandise that may assist hold pets wholesome, together with Galliprant, which is for osteoarthritis. The corporate additionally has merchandise that assist deal with fleas and ticks in addition to vaccines that may forestall critical diseases. Pet well being accounts for half of Elanco’s income (its farm animal merchandise make up the opposite half), nevertheless it was the fastest-growing enterprise final yr, rising by 73% to underneath $2.Four billion. Its high line totaled $4.eight billion and rose by 46%. Final yr was the primary full one which included the outcomes of Bayer Animal Well being, which Elanco acquired in 2020. Bayer focuses on treating ailments affecting livestock.

The corporate is dealing with challenges because of the struggle in Ukraine, lockdowns in China, and overseas change headwinds, so it is not projecting any progress for 2022; gross sales ought to are available in comparatively flat at lower than $4.eight billion. Nonetheless, these obstacles will not final over the long run and shopping for Elanco now, amid a 31% decline in share worth this yr (far worse than the S&P 500‘s 13% drop ), may very well be a very good transfer. The healthcare inventory trades at a modest 1.three occasions its ebook worth and is close to its 52-week low.

2. Paramount World

Media and leisure firm Paramount World has fared a bit higher than Elanco however its 21% hunch this yr has additionally lagged the broader market. The underperforming inventory now trades at a steep low cost of simply 0.7 occasions its ebook worth.

Its outcomes by means of the primary three months of 2022 weren’t terribly spectacular, with Paramount reporting a 1% decline in income to $7.three billion. However included inside these numbers was a fast-growing section: its direct-to-consumer streaming enterprise, which posted 82% progress and got here in at just below $1.1 billion in gross sales.

Paramount+, its flagship streaming service, added 6.eight million subscriptions throughout the interval, bringing the corporate’s world streaming subscribers (together with its Showtime Networks service) as much as greater than 62 million. Though that is nowhere close to the 221 million subscribers that Netflix has, the service continues to be in its early progress levels. In June, Paramount+ launched within the U.Ok. and Eire and can broaden to extra nations later this yr. 

Paramount might by no means be the streaming big that Netflix is, however with a extra diversified enterprise, it additionally does not have to rely as closely on that section. With a secure media enterprise that features CBS, Paramount may provide buyers a very good mixture of progress and security. Shopping for it whereas it is close to a low for the yr may very well be a genius transfer a yr or two from now.