September 23, 2023
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Stock It Up: What Is the Best Stock to Invest In for Beginners?

If you’re finally feeling confident enough to take the plunge and begin investing in stocks, you are not alone. A huge number of people across America invested in the stock market for the first time this year, buoyed by a record bull market and increasing ease of access to financial securities.

Of course, everyone is looking for the best stock to buy, regardless of how experienced they are. While there is no sure thing in the stock market, it is certainly a good idea to stick to certain types of stocks if you are a beginner. Remember, professional investing is something that people get paid millions of dollars a year to do right.

You should not expect to beat the market when you are first investing. Instead, you should start with the best stocks for beginners that carry low risks and few barriers to access. With that in mind, here are the best stocks to buy if you are a first-time investor.

  1. Amazon

Instead of looking for the best penny stocks, a beginner should look at the more expensive, more resilient listings. For this, you can’t do much better than Amazon. Amazon Inc. is the largest private company in the world, with interests in virtually every sector and industry imaginable. It is also one of the best-performing stocks in the history of the world, making this a great first choice for cautious investors. 

  1. Apple

One of the good things about Apple stock is that it is very easy for first-time investors to buy shares, as long as they have the right tools. Whether you are looking for the best stock app or the latest market insights, this guide to the top stock market investment tools will teach you how to buy Apple stock in just a few minutes flat. Although Apple is more concentrated in one sector than Amazon is, the stock has produced remarkably stable returns throughout its history. 

  1. Disney

Disney is so much more than just a children’s entertainment company. It is one of the single most important media empires on the planet, one that owns major brands such as ABC, Marvel, and ESPN. By investing in Disney stock, you are investing in a company that has proven itself to be able to go from strength to strength even in the most adverse market conditions. 

  1. Tesla

Every beginner investor needs a wild card, and this is where Tesla comes in. The world’s largest electric car manufacturer might never have turned a profit, but its stock price has soared more than virtually any other company on the S&P 500 over the decade. Since Tesla is poised to capture one of the most significant growth markets in the automobile industry in the coming years, this is a buy and hold stock that everyone should have in their portfolio.

The Best Stock for Your Portfolio

As an investor, you want the financial insights to make the best stock purchase decisions for your long-term wealth growth. For this, we have got you covered. Whether you want to buy stock or diversify your income stream, make sure to consult our expert Finance guides for insights that you can take to the bank.