I want to start buying stock. What is the best company to go with?

I don't have a ton of money so I plan to start small, but I'd like to buy oil company stock for starters.
Additional Details
not a ton = a couple hundred dollars to start off with

If you don't have much money DRIP -ing (dividend reinvestment program and/or direct investment program) is a way to start. You can buy as little as $25 to $50 a month depending on the company. I've been doing it for years. DRIP programs usually let you avoid most commissions and fees.
No one on this site can tell you what to buy but an oil company example would be:

You can buy XOM (Exxon Mobil) stock direct from Exxon Mobil through their DRIP. http://www.exxonmobil.com/corporate/investor_dividend_reinvestment.aspx

PNY (Piedmont natural gas) is another company with a DRIP program.
http://phx.corporate-ir.net/phoenix.zhtml?c=76635&p=irol-dripstock

Just an idea

look at http://www.sharebuilder.com/
This would allow for you to buy dollar amounts weekly or monthly.

AAPL, GOOG, MSFT, BIDU, VMW, EMC, RIMM, CFC, CHL, ISGR, ATI, C, GS

I prefer buying mutual funds. It gives you instant diversity. You can now buy mutual funds that are "packaged" like they are a stock. These are called ETF's (exchange traded funds). You will get the experience of buying/selling stocks while not tying your investment to one company's fate. If you feel strongly about a particular industry you can get an ETF that only contains companies from that industry .

define a ton ..
because buying stocks 10,000 is not alot ...

anyways .. start by bank stocks those are good because usually stable and gives alot of dividends
espically now with canadian dollar so high ^^
anways ... you should pick out which bank to invest because the dividends are different ..

what about Apple? (:

try http://goldenbullstocks.com and do your research

First, I do not recommend you purchase stocks as an initial investment. You would be better off with the diversity of a few good mutual funds that will spread your risk over several companies. If you have a solid base investment in mutual funds, and want to purchase another type of asset, Stocks, Bonds and Real Estate are all good types of investments, but you should research each carefully before deciding to invest in any one type.

Having said that, the best way to invest in Stocks, since that is what you asked about, is to educate you on the best methods for evaluating stocks. I recommend reading a couple of books before you take the plunge, lest you risk making a poor choice and losing your money. The books I would recommend, "The Intelligent Investor," "The Warren Buffett Way," "Value Investing" and last but not least, "Securities Analysis." The combination of information contained in these four books will teach you more than enough to make wise investment decisions.

If after reading these books you still want to invest in stocks, I do not recommend energy stocks. They tend to be too volatile. The three most profitable industries are:

1) Banking
2) Insurance
3) Consumer Beverages

Letâ€™s consider this for a moment, some of the stocks Warren Buffett, arguably the worldâ€™s greatest investor, owns. He owns stocks in Coca Cola, Guinness (two strong beverage companies), Geico, General Ray (two solid insurance companies), and Wells Fargo Bank (a very good financial institution). If these three industries are good enough for Warren Buffett, they should be good enough for you. Now it is up to you to decide which particular companies you want to invest with.

One more note you might find helpful. If you are young, say 40 years old or younger, you should consider putting your stocks in a DRIP program. DRIP stands for Dividend Reinvestment Program. These programs are designed to reinvest the regular dividends paid out to the shareholders back into purchases of additional shares of the company. Over a long haul, of five, ten or more years, an investor can end up owning a considerable amount of shares in a good company. Just a little food for thought.

Best of luck!

You can buy CVX or XOM directly (I like both, but CVX has a lower multiple, you pay for XOM being on the DOW list). You buy directly thru the bank, $250 to start. Can do online, or send a check. Reinvest the dividend. If you need more help, just email me!!

Personally, I would select renewable energy start-up companies that have a proven product and an excellent staff of managers.

Right on with the oil stocks OXY is my top pick the highest free cash yield of any major. They should have 15billion in free cash over the next five years. Also like HES, CVX and MRO. Video games ATVI/ERTS

good luck

A couple hundred dollars is not going to buy you to many shares of any stock. To be honest you should probably not invest in the stock market until you have around $3,000 to invest. This is a good benchmark because most "quality" mutual funds require a $3,000 initial deposit.

It takes a lot of knowledge and practice to trade "individual" stocks so be careful. You would be much better off starting with a mutual fund or index fund as a beginner.

I switched part of my g/f's designated retirement funds to Fidelity Contrafund. It's been around quite a while and was recently rated #1 for it's performance! FCNTX ;-)=

Hi friend.Investing in stock market is really a good idea we can good Return arfter investing.But we cannot predicate the futures in stock.So please gather the details before starting to inveast in any stock.If you are first time investor it would be better if you go to the broker office...

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