Published on 5 May 2023 on Insider Monkey via Yahoo Finance
In this article, we will be taking a look at the 10 best stocks to buy for a stock market game. To see more of these stocks, you can go directly to see the 5 Best Stocks To Buy For A Stock Market Game.
Investing in Penny Stocks
In a time when the markets are shrouded with uncertainty, gambling on the success of stocks that have been generating massive returns can be an effective investment strategy. There are many stocks today that have been posting large returns, such as Enphase Energy, Inc. (NASDAQ:ENPH), SolarEdge Technologies, Inc. (NASDAQ:SEDG), and Gilead Sciences, Inc. (NASDAQ:GILD). These stocks have returned 40.6%, 23.3%, and 36.94%, respectively, over the past year. This stock performance on the part of these companies can thus be a reliable indicator of the prospective future success of these stocks, making them worth the risk for many investors. Additionally, those who are entering the financial markets with prior knowledge of how to navigate them are more likely to take on such risks. Many companies and universities today use stock market simulations to teach their employees and students the basics of investing. The Harvard Business School offers a range of courses and programs on the stock market, and it has been noted that these programs give 92% of their students strengthened analytical skills while their return on investment increases 10x.