The best stocks to trade for beginners in this article will be beneficial to you if you are a new trader in the stock market. As a new investor, it could be frightening and also confusing to decide which stocks to invest in from a pool of stocks in the market.
That’s because stocks are high-risk investments and the fear of losing your money could be overwhelming. However, when you pick the best stocks for your portfolio, it will provide you with consistent returns.
Best Stocks to Trade for Beginners
Stocks are securities that signify a share of ownership in a company. When you purchase stocks from a company, you’ll receive dividends and are entitled to voting rights.
Purchasing stocks is a good way to grow your money. Hence, check out some of the best stocks you should buy now as a beginner
Alphabet
Alphabet is one of the largest and most profitable companies in the world. It is the parent company of the giant tech Google. The products and services of this company are embedded in nearly every computer and mobile device.
This is one of the best stocks that you should buy as a beginner especially if you want to venture into fractional shares. That’s because it is used by millions of people in the world every day. So, you are guaranteed that you’ll get high returns for our capital investments.
Amazon
Amazon is one of the largest online retailers in the world. This online store sells almost everything that you consumers want and it is a prominent cloud service.
Amazon also focuses on providing e-commerce, digital streaming, and artificial intelligence. This is stock you should hold as a beginner especially if you are looking to grow your portfolio over the long term.
Apple
This is another solid buy-and-hold choice of stocks for you if you are a new investor. Apple is a popular company known for inventing iPhone, Apple Watch, AppleTV, iCloud, and iPad. In addition to this, the company also manufactures a wide range of personal computers like Macbook Air and Macbook Pro.
However, its fan base and continuous innovation have made the company one of the best options that you should consider to hold stocks in.
Microsoft
Microsoft is also a large corporation providing millions of users with computers, hardware, software, and cloud computing. Its Windows software is installed on personal computers around the world.
With its Office productivity suite, Surface devices, and Xbox gaming console, it promises to be one very profitable company for shareholders.
Shopify
Spotify is a large platform that lets merchants of all sizes do business online. Through Shopify, any company can create an eCommerce site to handle office day-to-day operations. It also promises to be one profitable company to hold stocks in.
Walt Disney
Walt Disney is an American mass media and entertainment conglomerate. This company has a large fan base around the world. Due to its ability to engage customers even in a bear market, this company could also be a solid buy-and-hold stock for you as a beginner.
Tesla
Asides from the fact that this company is focused on making electric cars, it also focuses on supercharger stations. As the company continues to report strong growth in its deliveries, it could be one of the best places to buy stocks.
This company is a platform where people can share and learn about travel experiences, décor and design, art, recipes, and more. Because Pinterest is building a steady customer base, it could also be one of the best places for you to purchase stocks.
Netflix
This is also one of the best platforms that you could buy stocks as a beginner. Netflix has been leading the streaming market because of its robust data and resource advantages. It often comes to the mind of consumers due to its quality content and the better the quality, the more consumers it would attract. Hence, it also tends to be profitable for you to purchase stocks from Netflix if you are a beginner investor.
Tips for Beginners for Trading in the Stock Market
As a beginner investor, there are some helpful tips that you need to take before venturing into the stock market
- Only Invest in Companies That You Understand
- Don’t Invest Based on Emotions.
- Avoid investing in Penny stocks. Although they are cheap, they tend to yield fewer returns over time.
- Don’t time the market.
FAQs
Can I Make Money in Stocks as a Beginner?
Yes, you can. If you approach investing responsibly, diversify your portfolio, and stay the course, you could make lots of money as an investor. As there are lots of tools to help you, investing isn’t complicated.
What Stocks Should Buy to Make Quick Money?
Some of the best stocks that you can purchase if you want to make quick money are
- Las Vegas Sands (LVS).
- LyondellBasell Industries (LYB).
- Microsoft (MSFT).
- Walt Disney (DIS).
- Humana (HUM).
- IQvia Holdings (IQV).
- Procter & Gamble.
- NextEra Energy Inc. (NEE).
What are the Safest Investments?
Although all investments are associated with a level of risk, some of the safest ones are short-term certificates of deposit, money market funds, Treasurys, and TIPS.
How Can I Grow My Money?
Some helpful tips to grow your money are
- Make savings a priority.
- Automate your savings.
- Cancel extra costs.
- Invest wisely.
Where Should I Invest My Money for a Short Term?
Below are some good short-term investments that could offer you high returns
- Short-term corporate bond funds.
- Money market accounts.
- No penalty certificates of deposit.
- Treasury.
- Money market mutual funds.
- Cash management accounts.
- High-yield savings accounts.
- Short-term US government bond funds.
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