As a beginner investor, I was always intimidated by how complicated it seemed to be. Where do I start? Which stocks should I invest in first? Where can I find stock picks that are low-risk? Where can I find stock tips that are free? When should I sell? Where can I get financial advice for beginners ? Everybody want to learn about stocks for beginners. That’s why I created this list of cheap stocks to buy now. You can use it as a guide, if you are looking to invest in stocks soon.
With the ever changing world of technology and gadgets, stock trading is one of the ways to make a quick buck in the stock market these days. However, not everyone who wishes to go into trading has the capital and so they look for cheap stocks and shares and after buying and selling them these stocks become their source of income.
Amazon (NASDAQ: AMZN)
- Price: $3376.07 (as of close Oct 25, 2021)
- Revenue Growth: 37.76%
Amazon (AMZN) is one of the best-performing stocks of all time, and one of my personal favorites. Not only because I’ve made a ton of money from it, but also because I see the company as very well-positioned for growth in the future. That’s in part because Amazon has so many ways to win: not just taking over more and more areas of online sales, but also through web hosting, subscriptions, or even self-driving cars.
With Amazon’s stock price at $3376.07 (as of close Oct 25, 2021), you may have to purchase fractional shares to get your hands on some. But don’t let that scare you away.
It’s hard to believe, but Amazon’s stock has tripled in value over the past four years. Their annual revenue has more than doubled in that same time period.
It’s impossible to know how high Amazon will go, but I will most certainly be along for the ride.
VerifyMe, Inc. (NASDAQ: VRME)
Number of hedge fund holders: 1
VerifyMe, Inc. (NASDAQ: VRME) is a New York-based technology firm primarily in the cyber security business. The company offers solutions for counterfeit prevention, authentication, serialization, consumer engagement, and track and trace features for labels, packaging, and products. One of the more famous products of the firm is RainbowSecure, a new technology that uses invisible ink and a proprietary tuned laser to enable counterfeit products to be exposed. The firm is placed sixth on our list of 10 best stocks for beginners with little money.
It has a market cap of more than $30 million and posted an annual revenue of more than 343,000 in December 2020, up from 245,000 posted the year before. On March 9, the share price of VerifyMe surged almost 19% after it announced that it had signed an agreement with software firm Syntax to sell its products in the Chinese market.
At the end of the fourth quarter of 2020, 1 hedge fund in the database of Insider Monkey held stakes worth $40,000 in the firm, up from none in the preceding quarter.
Banco Santander SA (ticker: SAN)
Banco Santander is the largest Spanish bank by market cap. Analyst Johann Scholtz says Banco Santander’s capital ratios still need some improvement following the latest European Central Bank stress tests, but the bank proved to be less sensitive to stress than peers. Scholtz says Santander could improve its profitability, capitalization and valuation if it would trim its presence in underperforming geographical regions. He says the bank’s Latin American business is particularly impressive, and it is a market leader in Brazil, Mexico and Chile. Morningstar has a “buy” rating and a $4.50 fair value estimate for SAN stock.
Banco Santander SA (ticker: SAN)
Banco Santander is the largest Spanish bank by market cap. Analyst Johann Scholtz says Banco Santander’s capital ratios still need some improvement following the latest European Central Bank stress tests, but the bank proved to be less sensitive to stress than peers. Scholtz says Santander could improve its profitability, capitalization and valuation if it would trim its presence in underperforming geographical regions. He says the bank’s Latin American business is particularly impressive, and it is a market leader in Brazil, Mexico and Chile. Morningstar has a “buy” rating and a $4.50 fair value estimate for SAN stock.
Alphabet (NASDAQ: GOOG)
- Price: $2793.44 (as of close Oct 25, 2021)
- Revenue Growth: 32.67%
Alphabet is the parent company of search giant Google. The company oversees all products and services related to Google Ads, Android, Chrome, Google Cloud, YouTube, Google Maps, and more. Like Amazon, this company’s got lots of ways to win.
After doing over $183 billion in revenue in 2020, and positioned to exceed $200 billion in revenue in 2021, Alphabet is one of the world’s largest and most profitable companies. In one way or another, their products and services are embedded in nearly every computer and mobile device on the planet.
As of late, Alphabet’s stock price has swung a bit due to market volatility and also regulatory and compliance issues. All that aside, I think Alphabet is a solid buy-and-hold stock for new investors—especially those looking to dabble with fractional shares. Alphabet’s revenue has increased over 60% over the past three years and Alphabet’s stock price (GOOG) has more than doubled in the same time frame.
Nokia Corporation (NYSE: NOK)
Number of hedge fund holders: 19
Nokia Corporation (NYSE: NOK) is a Finland-based multinational telecommunications, information technology, and consumer electronics firm. Although the firm is famous for being a leading mobile manufacturing brand, it has branched out in the previous decade and now has significant stakes in the network infrastructure and cloud services business. Nokia is one of the few firms marketing 5G technology equipment to governments around the world. The firm was founded in 1865 and is seventh on our list of 10 best stocks for beginners with little money.
On April 20, China’s leading telecom firm Chunghwa Telecom selected Nokia to expand 5G network coverage in China. The agreement mentions the deployment of the AirScale line from Nokia, including AirScale base stations and AirScale radio access products. Just a day before that announcement, Nokia also told the media that it would be expanding 5G network coverage in South Korea.
Out of the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in the firm with 21.8 million shares worth more than $85 million.
Lloyd’s Banking Group PLC (LYG)
Lloyd’s Banking Group is a British retail and commercial bank. Analyst Niklas Kammer says remediation costs weighed on Lloyd’s second-quarter earnings, but the bank’s underlying performance was solid. Almost 95% of Lloyd’s assets are based in the U.K., making it essentially a pure play investment. Kammer says the bank has become a much more attractive investment since its massive restructuring than began in 2011. Now, he says the company is one of the strongest retail banking franchises in the U.K. Morningstar has a “buy” rating and a $3.40 fair value estimate for LYG stock.
Apple (NASDAQ:AAPL)
Many investors want a bite of Apple Inc. It is no surprise, as the tech giant has been bringing big rewards to its shareholders. The company was the first trillion-dollar company in the world. And the company broke a new record again this year after becoming the first company to pass the 2 trillion dollar mark. It’s easy to forget that the company started as a computer company, making Macs. Today, we know it as the premier smartphone manufacturer. But the company is not resting on its laurels. It is leveraging its huge active user base to grow its wearables and services business. Apple’s ability to innovate and execute during these challenging times proves that the company has the ability to weather all storms. And that could make a compelling case for beginners.
Conclusion:
One of the best things about stocks is that there are so many different kinds of stocks you can invest in, and the other good part is that there are so many ways to invest in stocks that there is something for everybody. This means that you should be able to find a stock that you will be excited about investing in and watching over time. I like certain stocks because they make people think differently and make them disrupt their industry and change how things get done.