5 Best Stocks for Beginners with Little Money According to Reddit

1. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 61
Share price as of September 13: $58.3

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) is gaining a lot of traction among retail investors due to the company’s solid performance over the years. The stock has delivered a 50.7% return in the past ten years, which makes it a good long-term investment. With its dividend growth streak of 61 years and a share price of $58.3, KO is one of the best cheap beginner stocks according to Reddit.

As of the end of Q2 2023, 61 hedge funds in Insider Monkey’s database owned stakes in The Coca-Cola Company (NYSE:KO), the same as in the previous quarter. The overall value of these stakes is over $27.2 billion.

You can also take a look at 15 Best S&P 500 Stocks For Dividend Growth and Long-Term Returns of Billionaire Barry Rosenstein’s Activist Targets

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