If you are new to the stock market, here are the 12 best stocks to buy for beginner investors that you should consider investing in:
Here Are 12 Best Stocks To Buy For Beginner Investors Right Now;
12. APA Corp.
12th Best Stocks To Buy For Beginner Investors Right Now , The American Petroleum Associates (APA) is an E&P firm. It operates in the North Sea, off the United Kingdom, Egypt, and the United States. It also has exploration interests offshore of Suriname.
The second quarter 2022 financial results for APA were released on August 3. Net income attributable to common stock nearly tripled year over year (YOY) on total revenue growth of 73.5%. According to APA (NGLs), revenue from oil, natural gas, and natural gas liquids all increased.
11. The Boeing Company
11th Best Stocks To Buy For Beginner Investors Right Now , When it comes to stocks, the Boeing Company has been hit harder than most by the pandemic. Therefore, Boeing’s recent misfortune is what makes it one of the best stocks to buy in 2022; therefore, allow me to elaborate.
In fact, Boeing hit record highs as recently as 2019. After months of rising stock prices thanks to a thriving tourism industry, the pandemic hit at a time when share prices averaged around $340. Shares had risen steadily for about half a decade before the introduction of the Coronavirus drove them down to a level they hadn’t seen since 2015.
When the pandemic was declared a global emergency in the first quarter of 2020, shares of Boeing plummeted by about 257%. Due to widespread fear and uncertainty, the airline industry ground to a halt, and Boeing stock fell as a result.
10. Marathon Oil Corp.
10th Best Stocks To Buy For Beginner Investors Right Now , Founded in 1970, Marathon Oil is a privately held E&P firm. The United States and Equatorial Guinea are where it primarily operates. Its primary focus in the United States is on the Eagle Ford in Texas, the Bakken in North Dakota, the STACK and SCOOP in Oklahoma, and the Permian in New Mexico.
The ratio of oil production to that of natural gas and natural gas liquids at Marathon is very close to 50/50. On August 3rd, Marathon released financial results for the second quarter of 2022. As revenue more than doubled from the previous year, net income increased by a factor of 60. There was a big rise in both revenue from customers with contracts and dividends and interest from investments in stock.
9. Bank of America Corporation
9th Best Stocks To Buy For Beginner Investors Right Now , Investors may want to take some precautions now, as the likelihood of a recession rises by the day. Bank of America, in particular, may offer investors promising returns at a time when the rest of the market is faltering.
It’s not that we don’t expect Bank of America to feel the effects of a recession, but rather that the worst-case scenario appears to be factored into the present price. Bank of America is trading at a discount compared to its competitors because its stock price has fallen by nearly 35% from its recent high and is currently trading for less than 1.1 times book value.
8. The Goldman Sachs Group, Inc.
8th Best Stocks To Buy For Beginner Investors Right Now , The best stocks to buy now are those that protect your money from the market’s volatility. Even if we aren’t currently experiencing a recession, the prospect of one is enough to cause investors to shy away from risky equity investments. Companies that aren’t making a profit face an uphill battle as inflation persists and borrowing costs rise.
Today’s macroeconomic environment makes it difficult for growth companies to turn a profit if they keep investing for the future. For this reason, investors should take a defensive stance: Goldman Sachs & Co.
7. Devon Energy Corp.
7th Best Stocks To Buy For Beginner Investors Right Now , Devon Energy conducts oil, natural gas, and natural gas liquids exploration and development and production (NGLs). Both Devon Energy and WPX Energy merged into a single entity as a result of an all-stock merger in early 2021. Its primary market is the United States, where it has 1,600 employees as of December 31, 2021.
6. JPMorgan Chase & Company
6th Best Stocks To Buy For Beginner Investors Right Now , Corporate & Investment Banking, Commercial Banking, and Asset & Wealth Management are the business divisions of New York-based financial services provider JPMorgan Chase & Co. (NYSE:JPM). JPMorgan Chase & Co. (NYSE:JPM) announced on September 12 that it would acquire Renovite, a payments startup based in California, to increase the speed with which it can roll out new services to retailers.
5. Alibaba Group Holdings Limited
5th Best Stocks To Buy For Beginner Investors Right Now , Alibaba Group Holding Limited (NYSE:BABA) is a Chinese technological infrastructure and e-commerce firm. The firm is focusing on cost reduction and has had great results. Alibaba Cloud is strong in areas other than the internet, and the company continues to put cloud spending at the top of its list of priorities. This will lead to long-term growth and help it keep its market leadership.
4. Alphabet, Inc.
4th Best Stocks To Buy For Beginner Investors Right Now , Not only is Alphabet one of the finest stocks to purchase right now, but it’s not difficult to argue that it’s the best stock to buy in today’s market. Of course, various investing strategies seek different sorts of assets, and there is no universal method to objectively position a single business at the top of every investor’s wishlist, but Alphabet belongs in practically every discourse.
At the very least, Alphabet is one of the most productive businesses on Wall Street, with lots of secular tailwinds on its side.
3. The Walt Disney Company
3rd Best Stocks To Buy For Beginner Investors Right Now , The Walt Disney Company (NYSE:DIS) is a global American media and entertainment conglomerate. The Walt Disney Company (NYSE:DIS) reported fiscal Q3 results on August 10, outperforming forecasts on both the top and bottom lines and surprising to the upside on Disney+ subscribers. The results were mostly driven by an increase in the company’s parks segment. Credit Suisse analyst Douglas Mitchelson kept his Outperform rating on The Walt Disney Company (NYSE:DIS) after quarterly results and a drop in streaming value. However, he lowered the price target from $170 to $157.
2. Salesforce, Inc.
2nd Best Stocks To Buy For Beginner Investors Right Now , Salesforce, Inc. (NYSE:CRM) is a customer relationship management technology business located in California. The company’s full-year sales prediction has been “revised” to between $30.9 billion and $31 billion, down from a previous forecast of $31.7 billion to $31.8 billion. The management talked about how strong the US dollar was and said that “headwinds” from foreign currency exchange would cost the business $800 million in sales for the whole year.
1. Berkshire Hathaway Inc.
1st Best Stocks To Buy For Beginner Investors Right Now , Berkshire Hathaway Inc. (NYSE:BRK-B) is an American corporation that operates in the insurance, freight rail transportation, and utilities industries across the globe. According to regulatory documents dated September 9, Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK-B) has acquired a 20.2% interest in Occidental Petroleum Corporation (NYSE:OXY). The market speculates that the billionaire investor may contemplate bidding for the whole firm.
