Stock Trading Basics - What Are the Different Types of Stocks?

Most first time stock traders will be confused by thewhen the company goes bankrupt or does poorly.
different types of stocks in the stock market. ThisCommon stock holders have the power to elect the
confusion will cause most first time stock traders toboard of directors but they are not involved in the
buy the wrong stocks or turn away from the stockdaily operations of the business.
market altogether. Knowing what types of stocksApart from the common stock, another type of
are available in the stock market and what thestocks is the stocks that are divided into different
individual types of stocks means is important if youclasses. In one company, the different classes of
want to succeed in stock tradingstock are often called Class A and Class B. The stock
Most often, you will come across the term "Commonowner of the first stock class, class A will be
Stock". Common stock can be purchased by anyone,awarded more votes per share of stock than class B
regardless of income, age, or financial background.stock owners. This ability of creating stocks of
Common stock is an important part-ownership of thedifferent classes in a company was created in 1987.
company that you are investing in. The value of yourStocks with different classes are not called common
stock will rise as the company grows and earnsstocks and most investors will avoid these types of
money. Alternatively, the value of your stock will fallstocks.