I have 1,000 dollars and would like to invest in an individual stock? Whats a great starter stock?
If you are young and looking to hold it long term, go with a blue chip or proven long term company. The value will go up and down, but over time, you will gain. With a company that's been around a while, you don't have to worry (much) about it disappearing. A lot of companies with stock today, like biotechs and internet companies, COULD pay off big, but also have a very high chance of being gone next year.