Best stocks millennials should consider investing in

“Risk comes from not knowing what you are doing.” This is a famous quote by Warren Buffet. People who invest in stocks regularly, swear by the wisdom shared by Warren Buffet. After all, he is one of the best investors with a net worth of over $80 billion. Going by the quote mentioned above, it is clear that the more you know about where you are investing your money, the lesser will be the risk you are taking. The market can be overwhelming for everyone, especially millennials. The Internet is flooded with all kinds of information one needs when it comes to investing in stocks, and millennials can lower their risk by conducting extensive research about the top 10 stocks to invest in.

While millennials can take a little risk when it comes to investing in stocks, they can also focus on building a good portfolio by investing in certain high-yielding stocks. Here are the top 10 stocks to invest in.

TripAdvisor
If you look at the history of the shares of TripAdvisor Inc., you will notice that they have fallen more than 30% in the past year. Investors have been careful about the company’s stocks, especially after the entry of the competition from Airbnb and Alphabet Inc. This, however, has not caused much trouble for TripAdvisor as it still leads its market with the most important asset, their data. TripAdvisor is one of the largest online collectors of traveler reviews. With the access to extensive data, the company can optimize the user experience. TripAdvisor is incorporating many strategies to give their users a superior experience, and with that TripAdvisor is expecting a 5% to 10% increase in their revenue.

Chevron
Chevron can be considered as a growth stock, and millennials can use this as an opportunity to invest in its stocks. These are the dividend stocks that millennials can invest in for a steady portfolio. The company intends to use the cash from their earnings to increase the dividends. An interesting fact about Chevron is that the debt load with a quarterly debt-equity ratio is relatively small. Long-term investors can benefit from this company as it has a reputation for thriving even in difficult times.

Facebook
Facebook Inc. is no longer just a social media site where people exist to improve their social connection. The firm is morphing into a huge technology powerhouse soon. Facebook currently own two of the biggest messaging services in the world namely, Facebook Messenger and WhatsApp. Facebook is currently in the process of developing new payment platforms where businesses can accept money from customers for the services they offer through Facebook. This indicates the further growth of the company, and therefore, is one of the top 10 stocks to invest in.

Netflix
Watching videos, movies, and TV shows online instead of cable is gaining much popularity not only in the United States of America but also in many other countries. Streaming services are now more in demand than ever and Netflix has witnessed an exponential growth in the past decade. Despite the existing growth of the company, there is room for more growth and Netflix can achieve the market capitalization of around $140 billion considering its success in the foreign markets. At present, the company is paying for content licensing and new content creation, however, once Netflix achieves some of its goals, it can turn out to be a market leader. Thus, it is one of the top 10 stocks to invest in.

General Motors
This American automaker company is a great bet for the long-term investors as the company has high stakes in its industry. General Motors bought 9% of Lyft, an on-demand transportation company which will share its profits with General Motors. This is an attempt by General Motors to not miss out on any changing trends that may threaten the sales of their products. The company is continuously working toward building and introducing new technology to generate more revenue. Investing in General Motors can prove to be a fruitful investing decision by the millennials.

Other companies among top 10 stocks to invest in include Wells Fargo, Baidu, Starbucks, Waste Management, and International Business Machines (IBM).