3 Beginner Stocks That New Investors Can't Go Wrong With

If you're new to investing or just don't know where to start, a good option is to stick with industry leaders. They are profitable, established businesses that any type of investor can feel comfortable holding in their portfolio.

While these stocks aren't likely to suddenly jump in value in a short period, they can be safe places to park your money while you benefit from their long-term growth. In the past five years, all the stocks listed here have doubled in value and outperformed the S&P 500 (up 87% during that time).

The three stocks I'd suggest for beginners or risk-averse investors include UnitedHealth Group (NYSE: UNH), Amazon (NASDAQ: AMZN), and Walmart (NYSE: WMT). These businesses are all household names that likely need no introduction, but here's a quick rundown of what makes them great, safe investments to include in your portfolio.

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Source Fool.com