I'm a beginner in stock trading and looking for advice on which stocks to buy

Investing in stock markets is a great way to grow your wealth, but you're better off investing in the less volatile blue-chip stocks as a beginner. Penny stocks are good because small movements could translate to big gains, but the big gains could also turn into big losses overnight- if you are not careful. So, stick to well-known companies unless you're willing to stomach the big swings.

Choosing the best stock to invest in is time-consuming, even for most seasoned investors. Start with familiar companies and understand how they make money.

Pick stocks with strong balance sheets and stellar growth prospects to increase your chances of success.

However, note that unless you are a gifted stock picker, some stocks will lose money. Diversify your investments so that other stocks' gains outweigh losses in others.

Consider both short-term and long-term investments. On average, stock markets produce approximately 10% annual return, but you can only enjoy such returns if you invest long enough.

Some of the stocks beginners can buy right now are;

Alibaba, Alphabet, Amazon, Apple, Disney, Facebook, General, Motors, Microsoft, Netflix, Nio, Salesforce, Snowflake, Shopify, Tesla, and Unity.

We hope you'll find your investing journey enriching indeed.

Investing in the right stock can be quite tricky. And as a beginner, I'd strongly advise you not to rush into any rash decisions.

Take ample time to study how this market behaves. Quick notes to take down when researching on a company stock to get;

First, the kind of service they render. Usually tech companies and pharmaceuticals are viable stocks.

Also consider how thy have performed and are performing. You wouldn't like to invest in a struggling company. A company with a higher expenditure compared to profits generated is usually a red flag to a large degree.

Look out for news event on the stock you are tracking.

Stay away from overpriced stocks. Those kinds of stocks can hurt you.

Take your time to study.

There are too many ways to seek an advice and tips. Aspiring Forex stock investor can look through Google and YouTube on which stocks to buy.

At first, it will be quite hardly to understand on which stocks are best to buy especially if a Beginner, I am not discouraging to try it and explore it. Watch first, of videos from the experts. If you are a member of stock market exchange and or Forex website like eToro, ask your Personal Account Manager to be guided step by step.

Buying stocks at this moment are quite crucial, but if want to take a risk then that would be fine. And better to check first of the stock market.

Hello,

The choice of which shares to buy as a beginner depends on some facts and framework conditions. On the one hand, there is the question of what financial means one can and wants to use. The higher the amount you want to invest as a trader, the more you can split your share purchases and acquire a wider range of shares. Generally a very good measure. If you only have a smaller budget, you should still try to buy as many different shares as possible. To achieve this with a small budget, you should buy shares with a low market value. As far as the type of shares is concerned, I would focus on shares of companies from the renewable energy sector, digitalisation and other future-oriented companies. If necessary, shares in logistics, space travel or currently even in the area of tourism may also be of interest in the short term.