What Are the Best Stocks to Gift to a Child?

If you want to introduce your kids to the stock market, what are the best stocks to gift a child right now? When buying stocks for a child’s account, it can be good to buy stocks of familiar companies. The companies should have products that the child uses or likes.

Best stocks to gift a child

If you want to give stock as a gift to a child, you need to look for high-quality stocks that will resonate with the child. Even though kids like toys, instead of buying a toy, you can buy a toy company’s stock. 

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Mattel and Hasbro are some of the best toy stocks to gift a child. The companies pay dividends and have impressive growth prospects. The global toy market is on track to exceed $132 billion in 2027 from $90.7 billion in 2019.

For kids who like playing videogames, you can introduce them to investing with stocks of videogame companies. Some of the best videogame stocks that you can gift a child are Microsoft, Sony, Electronic Arts, and Activision Blizzard. AMD stock is also worth considering. The company supplies the chips that power Xbox and PlayStation videogame consoles. The global videogame market is on course to top $200 billion in 2023 from $159 billion in 2020. 

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Source: Hasbro Facebook

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Many kids are familiar with fast-food brands like McDonald’s, KFC, and Pizza Hut. Your kids may be excited to own stocks of their favorite restaurant. You could consider McDonald’s and Yum! Brands stocks for your children’s portfolio. Yum! Brands owns restaurant franchises KFC, Pizza Hut, and Taco Bell. All of these companies pay juicy dividends.

If you shop with your kids at Walmart, Target, or on Amazon, you may want to make these stocks part of their portfolio. Disney, Netflix, and Nike also offer products or services that many kids like. The stocks may be worth considering for a child’s portfolio.

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View more information: https://marketrealist.com/p/best-stocks-to-gift-to-a-child/

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