What is the best first stock to buy in 2024? (2024)

What is the best first stock to buy in 2024?

Pick an industry that interests you, and explore the news and trends that drive it from day to day. Identify the company or companies that lead the industry and zero in on the numbers. Note that stock picking as a strategy often underperforms passive indexing, especially over longer time horizons.

Which stock is best for beginners?

List of 5 Best Stocks for Beginners
S.No.Company NameKey Feature
1Reliance Industries StocksDiversified Business Interests
2GAIL (India) Ltd. SharesLeader in India's Natural Gas Sector
3Mahindra and Mahindra SharesStrong Presence in Utility Vehicles
4Tata Consultancy Services StocksGlobal IT Services and Consulting Leader
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4 days ago

Which penny stock is best for 2024?

Overview of Top 10 Fundamentally Strong Penny Stocks in 2024 in India
  • Vikas Ecotech Ltd. ...
  • Rajnandini Metal Ltd. ...
  • Indian Infotech & Software Ltd. ...
  • Accuracy Shipping Ltd. ...
  • Prakash Steelage Ltd.
5 days ago

Which stock to buy for next 5 years?

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Rama Steel Tubes12.95
2.Brightcom Group14.65
3.Easy Trip Plann.44.05
4.Radhika Jeweltec63.90
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Which AI stock to buy in 2024?

7 best-performing AI stocks
TickerCompanyPerformance (Year)
NVDANVIDIA Corp241.74%
SYMSymbotic Inc119.72%
UPSTUpstart Holdings Inc72.48%
AVAVAeroVironment Inc.63.22%
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7 days ago

How do I pick my first stock to buy?

Pick an industry that interests you, and explore the news and trends that drive it from day to day. Identify the company or companies that lead the industry and zero in on the numbers. Note that stock picking as a strategy often underperforms passive indexing, especially over longer time horizons.

What stocks will double in 2024?

Stocks that will double in 2024
  • Aris Water Solutions, Inc. (NYSE:ARIS)
  • XPeng Inc. (NYSE:XPEV)
  • NIO Inc. (NYSE:NIO)
  • ANI Pharmaceuticals, Inc. (NASDAQ:ANIP)
  • Concentrix Corporation (NASDAQ:CNXC)
  • Fiverr International Ltd. (NYSE:FVRR)
  • Perion Network Ltd. (NASDAQ:PERI)
  • StoneCo Ltd. (NASDAQ:STNE)
Feb 28, 2024

What is the most successful penny stock?

List of Best Penny Stocks to Buy now in India
Sr.No.Company NameMarket Cap
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Mar 14, 2024

What are the top 5 penny stocks to buy right now?

Top Penny Stocks Gainers
FLGCFlora Growth
CLVRClever Leaves Holdings
LFLYLeafly Holdings, Inc.
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Which stock is best for 2025?

10 Multibagger Penny Stocks for 2025
Name of the ShareBook Value (₹)YTD (%)
Exide Industries148.6963.97
Bajaj Hindusthan Sugar Ltd33.8062.79
South Indian Bank33.8743.88
Urja Global Ltd2.6353.27
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Dec 20, 2023

Which top 5 shares to buy?

Stocks to Buy Today
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What are top 10 stocks to buy?

List of 10 Best Shares to Buy For Long Term in India
  • Reliance Industries Limited (RIL): Sector: Conglomerate. ...
  • HDFC Bank Limited: Sector: Banking and Finance. ...
  • Infosys Limited: ...
  • Titan Company Limited: ...
  • Larsen & Toubro Limited (L&T): ...
  • Asian Paints Limited: ...
  • TCS (Tata Consultancy Services) Limited: ...
  • Bajaj Finance Limited:
Mar 19, 2024

Which stock gives highest return?

List of Highest Return Stock in India
4Swadeshi P:[503816]124.85
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Is AMZN a buy right now?

Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 97 buy ratings, 3 hold ratings, and 0 sell ratings.

Which company is number 1 in AI?

Largest AI companies by market capitalization
1Microsoft 1MSFT🇺🇸
3Alphabet (Google) 3GOOG🇺🇸
4Meta Platforms (Facebook) 4META🇺🇸
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How much should I spend on my first stock?

“Ideally, you'll invest somewhere around 15%–25% of your post-tax income,” says Mark Henry, founder and CEO at Alloy Wealth Management. “If you need to start smaller and work your way up to that goal, that's fine. The important part is that you actually start.”

How do I start my first stock?

Follow Us
  1. Step 1: Set Clear Investment Goals.
  2. Step 2: Determine How Much You Can Afford To Invest.
  3. Step 3: Appraise Your Tolerance for Risk.
  4. Step 4: Determine Your Investing Style.
  5. Choose an Investment Account.
  6. Step 6: Learn the Costs of Investing.
  7. Step 7: Pick Your Broker.
  8. Step 8: How To Fund Your Stock Account.

Which stock sells first?

Shares with the greatest cost basis are sold first. If more than one lot has the same price, the lot with the earliest acquisition date is sold first. Shares with a long-term holding period are sold first, beginning with those with the greatest cost basis.

What stock will rise the most in 2024?

Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD) are some of the stocks that will make you rich in 2024, besides Palantir Technologies Inc. (NYSE:PLTR).

Which stock doubles every 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.376.05
2.Refex Industries145.75
3.Tanla Platforms850.10
4.M K Exim India75.72
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What stock will go up the most in 10 years?

9 Best Growth Stocks for the Next 10 Years
StockForward price-to-earnings ratio (P/E)
Enphase Energy Inc. (ENPH)25.3
Microsoft Corp. (MSFT)30.0
Nvidia Corp. (NVDA)26.6
Tesla Inc. (TSLA)57.6
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Jan 17, 2024

How many penny stocks should I buy?

Some professionals recommend that you devote no more than 10% of your individual stock holdings to penny stocks. It's also important to understand your risk tolerance. Generally speaking, the higher your risk tolerance, the more equipped you are to take on the risk that can come with investing in penny stocks.

Which stock will be multibagger in 2024?

Best Multibagger Stocks List in India 2024
Stock NameMarket Cap (in Cr)Stock Price
Varun Beverages Ltd₹1,63,753₹1,266.35
Adani Enterprises Ltd₹3,40,620₹2,903.45
Tube Investments of India Ltd₹78,217₹4,006.2
Tanla Platforms Ltd₹15,843₹1,049.45
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Feb 15, 2024

Which is best share to buy today?

Today's Poll
  • Stock to buy today: Data Patterns (India) (₹2,238.60): BUY.
  • Stock to buy today: Federal Bank (₹164.60): BUY.
  • Stock to buy today: PNC Infratech (₹368.35): BUY.
  • Stock to buy today: Latent View Analytics (₹466.75): BUY.
  • Stock to buy today: Unichem Laboratories (₹454.70): BUY.
  • Stock to buy today: NCC (₹170.70): BUY.

What are the cheap stocks for 2024?

Best Cheap Stocks of March 2024
Company (ticker)% Below 52-Week High
North American Construction Group LTD (NOA)15%
ExlService Holdings (EXLS)15%
Sterling Infrastructure, Inc. (STRL)11%
Franklin Electric Co., Inc. (FELE)10%
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Mar 1, 2024

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