Stock pick of the week: SPY
As the market starts to rebound, some of my favorite stocks to buy are ETFs (Exchange traded fund), they are low risk and follow the trend of the market.
In particular, I would suggest a new investor to buy a share of SPY, the ETF of the S&P 500 Index.
With this stock you are able to put your money in a lot of different industries, without having to buy individual stocks.
I recommend this stock and have already made 8.83% return on it!
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