In what's sure to go down as one of the most interesting financial events of the decade, Reddit's WallStreetBets board recently helped power an incredible rally for GameStop and a handful of other heavily shorted companies. GameStop stock has since shown signs of coming back down to earth, but it's clear that young investors with a foundation in social media culture have arrived as a formidable force on the stock market.
Bringing more people into the world of investing will be a good thing in the long run, and many people initially lured by risky stock bets will ultimately come to appreciate more dependable growth plays. With that in mind, we asked three Motley Fool contributors to profile a stock that's a great fit for new investors. Read on to see why they think Amazon (NASDAQ: AMZN) , Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , and Magnite (NASDAQ: MGNI) are primed to be winners.
Image source: Getty Images.
For further details see:
Reddit Has Gone Stock Crazy! Here Are 3 Stocks for New Investors