New to Investing? These 3 Stocks Are Great Buys

Because growing investments compound, the best time to start investing is always right now. But it's an especially good time to get started putting some money to work after a steep market pullback like has occurred during the first half of 2022. The S&P 500 and Nasdaq Composite indexes are down a respective 18% and 26% so far this year. There are great deals on quality stocks right now as a result.

With that in mind, three Fool.com contributors think Nvidia (NASDAQ: NVDA), ASML Holding (NASDAQ: ASML), and Netflix (NASDAQ: NFLX) are great buys right now for new investors. Here's why.

Nicholas Rossolillo (Nvidia): Top video game hardware designer Nvidia attracted lots of investor attention in recent years after the stock's value skyrocketed early in the pandemic. Even after falling 56% from all-time highs, shares are still up nearly 300% over the last trailing-three-year stretch. But given Nvidia's leadership in enabling artificial intelligence (AI), now looks like a fantastic buying opportunity if you plan on sitting on the stock for the next decade.

Source Fool.com