03-28-2021, 08:27 AM
(03-28-2021, 06:48 AM)NilesMike Wrote: I'm looking to buy 1 stock as a starter for my 1st Granddaughter, born yesterday.
Suggestions/consensus needed.
Congratulations!
I think you can't really go wrong if you start with JNJ. Any other massive and stable dividend growth company would do well too. LMT and LHX also have good valuation and they have some big opportunities coming in the next couple of decades relating to space exploration etc. But maybe not the ideal stocks for a 0 year old due to the weapons part of the business...
Then when she gets to like 3 years old, she will watch Disney so you can give a Disney stock. And PEP a year or two later so she can be enjoying her own company's snacks.