Also, you will need to buy stocks from more than one company in order to truly succeed in the stock market. Something like "don't put all your eggs in one basket". That means that there isn't only one best stock. There are more, all your have to do is research, research, research. A great tool to use is the Google Finance search engine. There you can see some history of the company and read news about it.
Here is some relevant points of what you need to be looking for to see if it's a stock worth investing in:
- Generally, when a company is about to launch a new product their stock goes up in the market
- Merges of two big companies
- Acquisition of small or medium company by a big one
- Smart Joint Ventures
- Good company politics
Those are just the first 5 tips that popped into my head that you need to look for if you want to invest in the best stock picks. There are a lot more that you need to be conscious of. That's what makes it so difficult to invest in the market. However there is something called penny stocks.
These kind of stocks are generally from companies that are just starting out so you won't have to do so much research on its past as you would need to do with big companies. There is a greater chance to make some money in the short term with penny stocks than there is with normal stocks. Plus if you get a hold of penny stocks from a promising new company, when the company develops into a great leader in its market, those stocks that cost pennies to you will be worth 100 times more!
William Foxx has dedicated a great part of his life into understanding how the stock market works and which are the best stocks to invest in. He believes that almost anyone with enough determination can make a lot of money by choosing the right penny stock picks.