How do I pick single stocks?
When choosing a single stock to invest in, there’s a couple things you should keep in mind. First off, all single stocks can be purchased by all users, regardless of their individual risk profile. If you want to purchase single stocks, we highly recommend diversifying your portfolio with a robust mix of other investment types, such as ETFs and bonds.
Before investing in any single stock, we recommend doing a deep dive into the company. For example, a good place to check on any publicly traded company is the Securities and Exchange Commission, otherwise known as the SEC. All publicly traded companies are required to file quarterly and annual reports. These documents are accessible to the public and can contain a goldmine of information about the companies.
Most companies also provide information in their individual investor sections, oftentimes found on their websites. You can also read up on companies and stocks in financial papers such as The Wall Street Journal.
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