Get to know all the different types of stocks ๐Ÿ’™

In this lesson, we'll introduce you to some types of stocks you can invest in.

Itโ€™s not super important that you remember all of them, but itโ€™s just to give you an idea of all the different stocks out there!

Bluechip stocks ๐Ÿ’™ are large, reputable companies like Apple, Disney, etc.

They're generally considered to be both low-risk and relatively high-return investments.

Penny stocks are any company whose share price is < $1.

Often from small companies and considered risky ๐Ÿช™

Growth stocks are companies like Tesla with the potential to grow much faster than the market on average ๐Ÿ“ˆ, but are more volatile.

They typically have a high (or negative) P/E ratio and are often riskier.

Value stocks are companies that generate significant profits at a lower share price ๐Ÿ’ธ

They're often less risky.

Dividend stocks just refer to any company that issues dividend payouts generally quarterly โฐ

Fractional stocks are any stocks that you can purchase fractions of for as little as $1 ๐Ÿฅณ

Even if a fractional stock's price is $250, you would still be able to invest in it ๐Ÿ’ช

Non-fractional stocks require you to purchase a whole number of shares, instead of fractions (parts)

If DAVE is worth $6, then you must pay $6 to invest in it๐Ÿ’ธ

No type of stock is necessarily better than any other type!

But now you have a good idea of the options out there! ๐Ÿฅณ

Test your knowledge

Which of the following types of stock is considered to be MOST risky?

Choose an option

Whatโ€™s the โ€œbestโ€ type of stock?

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What benefit do dividend stocks provide?

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What can you find on a companyโ€™s stock page in the Bloom app?

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