New to Investing? 3 No-Brainer Stocks to Buy in a Heartbeat
While investing might at first seem like a daunting task, it's not as complicated as it's made out to be. If you adopt a long-term mindset, stick to profitable companies with competitive advantages, and diversify to avoid single-stock risk, then you're well on your way to achieving satisfactory returns. It really can be that simple.
In the same vein, if you're a newbie stock market investor, here are three no-brainer stocks to consider buying right now. I'm sure you are already familiar with these businesses, making the decision to buy them for your portfolio even less intimidating.
Home Depot (NYSE: HD) is first on this list. The leading home-improvement chain benefited from a pandemic-fueled demand surge that has largely faded. Gains are still respectable, though, as same-store sales climbed 4.3% in the latest fiscal quarter that ended Oct. 30, 2022, compared to 6.1% growth in the year-ago period.
Source Fool.com
