You would buy a random stock from some guy on the internet?
Do yourself a favor and learn how to pick stocks. There is A LOT to learn with stocks. Do your research and read everything.
Start off by opening an account with etrade, ameritrade, etc..
A good start to learn at is,
- stockcharts.com
They have good info to teach you (chart school). They explain everything from the basics, ratios and how to read charts
Reading charts is the last thing I learned. But is extremely important to be able to read based on volumes, price and as a predicator
- Finance.yahoo.com
Wealth of information to look up any symbol. More info than google and other sites.
- Etrade or ameritrade
Have plenty of tools and information to teach you. All data in real time.
You need to learn all the aspects of stocks so you're able to pick what stocks to buy. Learn how to read charts, the basics, technicals, fundamentals, key ratios, etc..
Basic things I look for when looking at a stock,
- Value
Under or overvalued?
Learn some ratios to determine this
Basic one is – What is it trading at compared to next years earnings?
Stock price / next years earnings
- Earnings
Research the EPS and trends
How well and often does the company meet, exceed or fall short of earnings
- Fundamentals
Need to learn all the lingo. MRQ, TTM, PE, EBIDTA, Price/Book, etc..
Again your looking for, valuation, performance, profitability, operating ratios
- Growth
Extremely important. Have to invest in companies with growth potential
Current year, next year, 5 years. Analysts do all this work for you
Company has to have a clear path for growth
Basic way to figure growth rate is. Growth Rate = Future year EPS - current year EPS/current year EPS
Most importantly. Learn patience. Learn ability to not sell, when to sell, over analyze, checking your progress too much. It will kill you. Almost buy it and forget about it.
Need any help or questions just ask.