New Investor? Here Are 3 Great Starter Stocks

It's equally important to invest in businesses that have a record of growing profits because that is the most basic ingredient that pushes stock prices higher over the long term. The tsunami wave of people using digital wallets to conduct transactions in the global economy is a powerful megatrend driving growth at PayPal Holdings (NASDAQ: PYPL). The stock price is up 545% since spinning off from eBay in 2015, but PayPal still has many years of above-average growth ahead.