Buy NYSE Stocks – 5 Best NYSE Stocks To Buy Right Now in 2021

If you’re thinking about buying equities that are listed on the New York Stock Exchange (NYSE) – you’ve got more than 2,800 companies to choose from.

The good news is that diversification is both simple and cheap these days, not least because of the growth of online brokers that offer 0% commission stocks alongside fractional investments.

In this guide, we discuss the best NYSE stocks to consider buying today and how to complete your investment in under five minutes.

#1 Broker to Buy NYSE Stocks – eToro

How to Buy NYSE Stocks – A Quick Guide For 2021

The process of buying the best NYSE stocks online could not be simpler. By following the quickfire walkthrough below, you can buy NYSE stocks at eToro in a matter of minutes without paying any commission.   

• Step 1: Open an Account with eToro – To open an account with eToro, click on the ‘Join Now’ button and enter your personal information. You also need to choose a username, password and verify your email address and cell phone number.
• Step 2: Upload Your ID – Verification of your account can be completed instantly by uploading a copy of your government-issued ID
• Step 3: Deposit Funds – You will need to deposit at least $50 and you can choose from a debit/credit card, online banking, e-wallet, ACH, and more. Deposits made in US dollars are fee-free, otherwise – you’ll pay 0.5%.
• Step 4: Search for NYSE Stock – Click on the search bar at the top of the page and enter the name of the NYSE stock you want to buy. When you see the relevant company appear, click on the ‘Trade’ button.
• Step 5: Buy NYSE Stocks – Finally, you will need to enter the amount (in US dollars) that you want to invest in your chosen NYSE company. Irrespective of how much the stocks are trading at, the minimum is just $50.

Once you click on the ‘Open Trade’ button, your NYSE stock investment will be executed by eToro in a couple of seconds.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best NYSE Stocks to Buy Now – List of the Best NYSE Stocks

The very best NYSE stocks to invest in right now can be found below.

1. Berkshire Hathaway – Overall Best NYSE Stock to Buy Right Now
2. ExxonMobil – Good NYSE Stock for Dividend-Focused Investors
3. American Express – NYSE Stock That Offers Stable Growth
4. McDonald’s – Solid NYSE Stock to Hold Long-Term
5. Pinterest – Best NYSE Stock for Growth

For more information on why we like each of the above NYSE stocks, scroll down to read our full analysis.

How To Buy NYSE Stocks – Choose a Broker

The best brokers that allow you to buy NYSE stocks are simple to use, offer low fees, and support fractional investments. We found that the best providers in this space are as follows:

1. eToro – Overall Best Place to Buy NYSE Stocks
2. Webull – Buy NYSE Stocks at 0% Commission
3. Robinhood – Great US-Based Broker for Beginners
4. Zacks Trade – Top Broker for Advanced Traders
5. SoFi – Invest in NYSE Stocks via Fractional Shares
6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
7. Fidelity – Trusted US Brokerage With 7,000+ Stocks
8. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
9. Interactive Brokers – Trade US Stocks at 0% Commission
10. E*TRADE – Good Broker for Long-Term Investments

If you need further information on any of the above investment platforms, you will find full brokerage reviews further down on this page.

Best NYSE Stocks to Buy Now – Full Analysis

With thousands of companies to choose from, knowing why NYSE stocks to buy can be a challenge. With this in mind, we have reviewed the very best NYSE stocks in the market right now – and you will find our full analysis in the sections below.  

1. Berkshire Hathaway  – Overall Best NYSE Stock to Buy Right Now

Berkshire Hathaway is the parent company operated by the stock market legend Warren Buffet. Put simply, the company operates much in the same way as a conventional mutual fund, insofar that Buffet will determine which stocks to buy and sell. This means that you will have the opportunity to gain direct exposure to the inner workings of Buffet through a single investment.

Berkshire Hathaway is known for having a super-high stock price, with the shares currently trading at over $423,000 each. Fortunately, when you use a beginner-friendly brokerage firm like eToro, you will only need to meet a minimum stake of $50. In doing so, you will be purchasing a fraction of this leading NYSE stock.

In terms of performance, Berkshire Hathaway carries the largest market capitalization on the NYSE, with the firm recently surpassing $600 billion. Over the past year alone, Berkshire Hathaway stocks have increased by over 22%. To give you an idea of some of the stocks held by the company, this includes everything from Visa, Johnson & Johnson, and Wells Fargo to American Express, MasterCard, and Coca-Cola.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. ExxonMobil  – Good NYSE Stock for Dividend-Focused Investors

ExxonMobil has had a turbulent time since the COVID pandemic came to fruition. First, the oil and gas production company had to deal with record-low commodity prices in response to global lockdown measures. Second, ExxonMobil was removed from the Dow Jones index – being replaced by Salesforce.

However, we would argue that ExxonMobil is still one of the best NYSE stocks to consider adding to your portfolio today. One of the main reasons for this is that ExxonMobil continues to be one of the most generous dividend payers on the NYSE. In fact, over the past 38 years, the firm’s dividend payment has increased by an annualized average of 6.1%.

At the time of the writing, the stocks are offering a running yield of 5.8%. Although the stock price of ExxonMobil suffered in 2020 due to COVID-related movement restrictions, the shares have enjoyed a positive upward swing over the past year. This translates into gains of over 54% compared to the 12 months prior to writing this page.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. American Express  – NYSE Stock That Offers Stable Growth

American Express is a company that has long remained in the portfolio of Warren Buffet’s Berkshire Hathaway. Having analyzed the premium credit card company, we would argue that American Express is one of the best NYSE stocks to buy for stability. With a super-solid and robust balance sheet alongside growing customer numbers, American Express stocks have performed extremely well over the past few decades.

In more recent times, American Express stocks were priced at just $72 in the five years prior to writing. And today – the same stocks will set you back over $173. That’s growth of over 138% in just five years of trading. Although American Express is also behind a consistent dividend policy, the stocks are currently offering a running yield of sub-1%.

Looking at the future e

67% of retail investor accounts lose money when trading CFDs with this provider.

4. McDonald’s  – Solid NYSE Stock to Hold Long-Term

McDonald’s is the world’s largest fast-food restaurant with operations in over 100 countries across the globe. Although society as a whole is slowly but surely moving towards a more health-driven diet, McDonald’s continues to outperform market expectations year on year. As such, this is a top-rated NYSE stock that you might consider holding in the long term.

Over the past 12 months, McDonald’s stocks have grown by just over 16%, in comparison to the NYSE Composite average of 21%. However, over the past five years, while the NYSE has collectively grown by 56%, McDonald’s has increased its stock price by over 108%. If that wasn’t enough, McDonald’s is also a Dividend Aristocrat.

This is because the firm has not only been paying dividends for 44 consecutive years, but each payment has increased in size. This makes McDonald’s a great addition to your stock portfolio if you’re seeking a balanced combination of share price growth and dividend income. At present, the fast-food giant is offering a running yield of just over 2.1%.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Pinterest  – Best NYSE Stock for Growth

Pinterest is Founded in 2009, Pinterest is an online social media platform that allows users to share and collect images. Although this business model might sound somewhat bland, Pinterest recently reported average monthly active users (MAU) of over 444 million. Pinterest is one of the youngest companies on the NYSE, with the firm hosting its IPO as recently as April 2019.

Back then, you would have been able to invest in the firm at just $19 per share. The image-sharing platform has since hit 52-week highs of $89 – which represents maximized growth of over 368%. With that said, the shares have since dipped to the $44 region, which does offer the chance to invest at a major discount.

Baring in mind that this translates into a market capitalization of just under $30 billion, this means that the upside potential with Pinterest could be huge. Perhaps the biggest challenge for management at Pinterest is to improve its monetization strategy in international markets. As per its most recent earnings report, the firm noted that in these markets, just 50% of images are revenue-driven.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best NYSE Stocks for my Portfolio?

With more than 2,800 companies active on this exchange, you need to do plenty of research to find the best NYSE stocks for your portfolio. There are several core factors that you should focus on when performing research, which is discussed in more detail in the sections below.

Dividends

Perhaps the first thing to look at when searching for the best NYSE stocks is whether or not the respective company pays dividends. After all, a well-balanced portfolio should always continue stocks that offer consistent income, as this can help you ride out shorter-term market dips.

• We mentioned earlier that ExxonMobil is one of the best NYSE stocks for dividend purposes, as the firm has increased the size of its payment by an annualized average of 6.1% over the past 38 years. At present, you’ll get an attractive running yield of just under 6%.
• Another NYSE stock for dividends is McDonald’s – which has been making payments for 44 consecutive years.

On the other hand, don’t make the mistake of focusing exclusively on the size of the firm’s dividend yield. Instead, you also need to consider the share price action of the stock. This is because a share price decline can counter any gains made from dividends received.

Market Capitalization

The next factor to think about when choosing the best NYSE stocks for your portfolio is that of the firm’s market capitalization. This simply refers to the market valuation of the company – in terms of its current stock price and the number of circulating shares.

By investing in an NYSE stock that has a large market capitalization, your upside potential can be limited. You will, however, likely benefit from much lower volatility levels – which is great for adding stability to your portfolio.

At the other end of the spectrum, low-cap NYSE stocks – such as Pinterest, offer much higher growth potential. This is because you are investing in the company when it is still young. Naturally, the risks involved with low-cap NYSE stocks are greater, especially when it comes to volatility.

COVID

When COVID was confirmed as a pandemic by the World Health Organization (WHO) in early 2020, the vast bulk of companies listed on the NYSE experienced a rapid decline in value. While many struggled to recover these losses throughout the remainder of the year, some NYSE stocks thrived.

For example, Bath & Body Works was one of the best performing NYSE stocks of 2020 – with the shares finishing the year with gains of over 105%. This shows that irrespective of how the wider economy is performing, certain stocks will still offer sizable returns. And as such, when building a portfolio of the best NYSE stocks, it’s a good idea to see how each company reacted to the pandemic.

Sector

Another important factor to look at when searching for the best NYSE stocks in the market is the specific sector that the firm operates in.

• This will give you the best chance possible of creating a diversified portfolio from a wide variety of marketplaces.
• In doing so, you won’t be over-exposed to a small number of sectors.
• For example, if you want to add some travel stocks to your NYSE portfolio, you might consider Hilton Hotels Corporation.
• To cover airline stocks, you might look at Spirit Airlines.
• You might also consider gold stocks such as Franco-Nevada.

Other sectors to look at might include retail, telecommunications, banking, technology, food and beverage, oil, and even blockchain.

Where to Buy NYSE Stocks – Full Broker Reviews

Now that you have decided which companies you wish to gain exposure to, the next task at hand is to choose the best investment platform to complete your purchase.

Key factors to think about in this respect include the reputation of the broker, what fees and commissions you will be charged, and whether or not fractional shares are supported. 

To fast-track the research process, below you will find a selection of the best brokers that allow you to buy NYSE stocks online.

1. eToro – Overall Best Place to Buy NYSE Stocks

eToro is home to a significant number of stocks – of which nearly 1,000 are listed on the NYSE. This ensures that you can buy the best NYSE stocks from a wide number of sectors and industries. In addition to the NYSE, eToro also gives you access to the NASDAQ – alongside 15 international markets. This covers the UK, France, Germany, Hong Kong, and more. All supported exchanges at eToro can be accessed via a fractional investment of just $50.

This is especially attractive when you look at NYSE stocks like Berkshire Hathaway – which trades for hundreds of thousands of dollars per share. When it comes to fees, eToro offers 0% commission trades on all of its supported stocks, as well as on over 250+ ETFs. Other supported markets – such as crypto, forex, commodities, and indices – can be traded on a spread-only basis. Once you have purchased your chosen NYSE stocks, you will be entitled to your share of any dividends that the company distributes.

If you are struggling to decide which NYSE stocks are best for your portfolio, eToro offers plenty of index funds. This includes funds offered by the likes of Vanguard and SPDR – with target markets covering the NYSE Composite, S&P 500, Dow Jones, and more. Alternatively, you might also consider the eToro Copy Trading feature – which allows you to ‘copy’ a successful investor. This will be an investor that personally uses eToro to trade – so you will have a significant amount of data to help you choose a suitable person to copy.

In terms of opening an account, this won’t take you more than a couple of minutes from start to finish. The minimum deposit for first-time customers is just $50 and US clients pay no transaction fees. Some of the most convenient payment methods supported by eToro include debit cards, online banking, Paypal, and ACH. Finally, and perhaps most importantly, eToro is regulated by the SEC, FCA, ASIC, and CySEC. And as such, you can buy the best NYSE stocks on this platform in safety.

Pros

Cons

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy NYSE Stocks at 0% Commission

Webull is a US-based broker that allows you to buy stocks without paying any commissions. The platform focuses almost exclusively on US-listed stocks across the two primary exchanges – the NASDAQ and NYSE. All supported markets permit fractional investments that start from just $5 per trade.

Once again, this is ideal for buying high-priced stocks like Berkshire Hathaway. Webull supports retirement accounts too – which includes Traditional, Roth, and Rollover IRAs. Debit/credit cards nor e-wallets are accepted on this platform, so deposits need to come in the form of a bank wire or ACH transfer. There is, however, no minimum deposit to meet.

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. Robinhood – Great US-Based Broker for Beginners 

There isn’t much to separate Robinhood from Webull – insofar that both platforms are aimed at beginners and no commissions are charged. Robinhood also supports fractional investments – so you can purchase your chosen NYSE stocks with an outlay of just a few dollars. If opening a standard account, you won’t be charged any ongoing platform fees.

This will, however, restrict your ability to make instant deposits in excess of $1,000. If you require a higher threshold, the gold account permits this at $5 per month. The gold account at Robinhood will also grant you access to margin trading facilities – albeit, this requires a minimum deposit of $2,000 as per SEC rules. Robinhood also supports stock options, funds, and crypto.

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Zacks Trade – Top Broker for Advanced Traders  

The next broker to consider when buying NYSE stocks online is Zacks Trade. Unlike the aforementioned providers, Zacks Trade is more suited to experienced investors that require high-level research tools. You will find a huge source of market insights and data fees, and if using the Zacks Trade Pro platform, technical analysis tools are plentiful.

When it comes to fees, Zacks Trade charges a flat commission structure. This amounts to $0.01 for every share that you buy – at a minimum of $1. There is no minimum deposit requirement at Zacks Trade, but the platform does suggest adding at least $2,500 to your account. Margin facilities are also offered by Zacks Trade and funding rates are competitive.  

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. SoFi – Invest in NYSE Stocks via Fractional Shares   

For those of you looking to buy the best NYSE stocks with a small capital outlay, SoFi is worth considering. Regardless of how much the respective stocks are priced at, you can invest at a minimum of just $5 per trade. Furthermore, SoFi allows you to buy stocks without paying any commission. This is the case with stocks listed on the NYSE and NASDAQ.

We also like SoFi because of its support for IPO listings – which is great if you want to invest in up-and-coming companies. In addition to stocks, SoFi also permits access to ETFs and cryptocurrencies like Bitcoin and Ethereum. If you’re a seasoned investor, you might find SoFi a bit basic – especially when it comes to research tools and market insights.

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments  

Not only is Ally Invest looking to reshape the US banking arena, but it has since moved into retail client investments. On this platform, you can buy the best NYSE stocks in addition to ETFs, bonds, and mutual funds. You can also trade options at just $0.50 per contract. When buying stocks at Ally Invest, no commissions are charged.

There is no minimum deposit requirement at Ally Invest, which is particularly handy for those looking to start off with small amounts. However, the main drawback with this online brokerage is that it does not support fractional shares. This will make NYSE companies like Berkshire Hathaway out of reach. Finally, if you want to buy penny stocks, Ally Invest gives you access to both the OTCBB and Pink Sheet markets.

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Fidelity – Trusted US Brokerage With 7,000+ Stocks   

Fidelity is perhaps the best brokerage for diversification purposes – especially if you want to buy assets in addition to just NYSE-listed stocks. In total, you will find more than 7,000 equities listed on this platform – which includes US-based stocks and international markets. Furthermore, you can also invest in funds, ETFs, IPOs, and more.

As appears to be standard in this space, Fidelity allows you to buy US stocks at 0% commission. Its Stock Slide feature also permits fractional investments – with the minimum starting at just $1. You can open an account relatively easily at Fidelity, but the verification process can take several days. Once verified, you can deposit funds without needing to meet a minimum threshold.   

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Merrill Edge – Online Brokerage With a Variety of Investment Accounts   

Merrill Edge is a great online broker for those looking to open a specific type of investment account. More specifically, this brokerage is ideal for long-term investors, as you will have access to a wide range of retirement plans. You can set up regular investments based on a specific date and deposit amount, and even access advisory services.

The latter might be of interest if you want to invest in the financial markets and have little to no experience. On the other hand, if you already know which stocks you want to buy, Merrill Edge offers an attractive self-directed account. This will grant you access to thousands of US-listed stocks at 0% commission. Much like Ally Invest, Merrill Edge does not offer fractional investments.    

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Interactive Brokers – Trade US Stocks at 0% Commission

Interactive Brokers – which has been offering trading services since the late 1970s, is another platform that is best suited for experienced investors. Its industry-leading IBKR platform – which can be accessed online, via desktop software, or a mobile app – offers all of the fundamental and technical tools that seasoned traders require to outperform the market.

This top-rated brokerage supports a huge number of financial instruments – which covers 135 markets across 33 countries. If, however, you wish to stick with a portfolio of NYSE stocks, you can invest without paying any commission. International stocks are charged at various commissions depending on your chosen plan and target exchange.

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. E*TRADE – Good Broker for Long-Term Investments 

The final broker that you might elect to consider when buying the best NYSE stocks is E*TRADE. This platform is great for long-term investments, not least because you will have access to thousands of US-listed stocks. International assets are, however, very limited. Nevertheless, when you buy US stocks at this platform, you will benefit from a 0% commission policy.

Various retirement accounts are offered by E*TRADE too – so this will allow you to invest in a tax-efficient manner. There is no minimum deposit to get started with the platform, and the fastest payment method to use is a bank wire. This is because the funds should arrive on a same-day basis. Other funding options include ACH and a mobile check deposit.   

Pros

Cons

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy NYSE Stocks – Detailed & Explained in Full

Now that we have reviewed ten of the best platforms to buy NYSE stocks, we can now walk you through the investment process. Using eToro for our tutorial, this brokerage site allows you to buy NYSE stocks at 0% and from a minimum investment of just $50 via its fractional ownership tool. 

Step 1: Open a Broker Account

Before you can invest in the best NYSE stocks at eToro, you will first need to go through a quick and burden-free account opening process that shouldn’t take you more than five minutes. Once you click on the ‘Join Now’ button via the homepage, you will be presented with a registration form like in the image below.    

Some of the information that eToro needs to collect from you includes your:

• Full Name
• Nationality
• Home Address
• Date of Birth
• Social Security Number
• Cell Phone Number
• Email Address

On the next stage of the account opening process, eToro will ask you to upload a copy of your:

• Government-issued ID
• Proof of Address (e.g. recent bank account statement)

eToro has automated the document verification process, meaning you should be good to go in less than a minute.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

Another major benefit of using eToro to buy NYSE stocks is that you will be able to fund your account instantly through a variety of convenient payment methods. This is inclusive of Visa, MasterCard, Maestro, Paypal, Skrill, and Neteller.

Other supported payment methods include online banking, ACH, bank wires, and more. The minimum deposit requirement is set at just $50 and US clients will pay no fees to add funds. Non-USD deposits attract a small FX charge of 0.5%.

Step 3: Search for NYSE Stocks

You can now enter the name of the NYSE stock that you want to buy via the search bar at the top of the eToro dashboard. When you see the relevant company appear, simply click on the ‘Trade’ button next to the search result.

In our example above, we are looking to buy shares in Berkshire Hathaway. Alternatively, if you want to see what NYSE stocks the eToro platform supports, click on the ‘Discover’ button. After clicking on ‘Stocks’, choose the NYSE from the ‘Exchange’ drop-down box.

Step 4: Buy NYSE Stocks

You will now need to tell eToro how much money you wish to invest in your chosen company. The minimum is set to just $50 at eToro, regardless of how much the shares are trading for.

In our example above, we are looking to buy $100 worth of Berkshire Hathaway shares. You can enter your chosen investment size in the ‘Amount’ box. When you are happy that all entered information is correct, click ‘Open Trade’ to complete your 0% commission investment.

How to Buy NYSE Stocks – Conclusion

By reading this beginners guide in its entirety, you now know how to buy NYSE stocks from the comfort of your home. On top of reviewing the best NYSE stocks to consider adding to your portfolio, we have also discussed which brokers stand out from the crowd. 

We can conclude that eToro is the best broker for this purpose, not least because you can safely buy NYSE stocks at 0% from $50 per trade. We also like the broker for its ease of use, alongside deposits that are processed instantly.

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