[Ask TBM] Which Industry is Best to Invest in Stocks?
October 20, 2022 | By The Business Manual Team
Knowing where to put your money can be tricky, especially with many investments available. Here's what stock market trader and expert Marvin Germo has to say.
For first-timers who want to invest in stocks, which industries are the safest to buy into?
For newbies, I’d say look at the individual company, [and] look at the sales and net income. It has to be increasing yearly. Look at the level of debt—they should not be overly leveraged. [Also], look at the valuations. It should be a good company but reasonably priced.