Internet Hardware Stocks
Internet Hardware Stocks
Six Great Stocks for Teens
Would you like your children to benefit from knowing how to create wealth for themselves? It all starts with showing them how easy it is to grow their savings substantially over time through stock market investments. What better skill to pass on to your teens.
Just like adults, teens can buy and sell stocks online in the exact same way. The only catch is that for children under 18 the online trading account must be set up as a custodial account, which is typically managed by a parent.
Being a responsible parent means empowering your children to reach their full potential in whatever endeavor they pursue. It also means, teaching them the skills to generate sustainable wealth over time.
Knowing how to invest in the stock market is one such skill that moves them closer to achieving their dreams.
Here are six possible stock picks that many teens recognize and could get fired up about as a stock investment:
Gap Inc. (GPS)
Gap is a clothing retailer that sells casual apparel for men, women, and children under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. The company has more than 3,000 corporate-owned stores in North America, Western Europe and Japan. It also has 151 franchise stores in the Middle East, Southeast Asia, Eastern Europe and other parts of the world.
Gamestop (GME)
GameStop is the world’s largest retailer of video game products such as video game hardware, software, and accessories. It has more than 6000 stores in North America, Europe and Australia. In addition to selling new products, GameStop also allows customers to trade in used video games for cash and credit towards new purchases.
Wendy’s Arby’s Group (WEN)
Wendy’s/Arby’s is the third-largest quick-service restaurant chain in North America, with more than 10,000 locations in 23 countries. Wendy’s represents two thirds of its overall revenue. Arby’s is the second-largest participant in the quick-service sandwich category. Both brands have been selling quick-service food for more than four decades.
Viacom Inc. A (VIA)
Viacom is a global media company that includes several leading cable network properties such as Nickelodeon, MTV, Comedy Central, Country Music Television and Spike TV. Viacom’s Paramount Pictures produces original motion pictures.
PepsiCo (PEP)
PepsiCo manufactures, markets, and sells a variety of salty, convenient, sweet, and grain-based snacks including Lay’s, Doritos, and Quaker. It is well-known for its carbonated and noncarbonated beverages such as Pepsi, Gatorade and Tropicana. Pepsi owns most of its bottling infrastructure in North America; however, it distributes direct to stores through independent bottlers in international markets.
Apple (AAPL)
Apple designs consumer electronic devices, including PCs, the iPad, the iPhone and the iPod. Apple’s online store, iTunes, is the largest music distributor in the world. The company sells and rents TV shows and movies through iTunes. It also sells applications for the iPhone and iPad.
Here’s a simple investment process to get your teenager started with investing in their favorite businesses:
1. set up your teen’s own stock investment account under your control,
2. have your child pick out several businesses that they are already familiar with,
3. check them out together to see if they are fairly priced by Mr. Market,
4. invest some of their savings into their favorite stock picks.
It is important to take the time to show your children how to use a computer to look up stock information on the internet. By helping them build their own investment portfolio from an early age, you empower them to become lifelong active investors.
All it takes is a few simple skills to be able to capitalize on the myriad of opportunities that the stock market can provide to grow your teen’s personal wealth.
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