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If I Could Only Buy 1 Stock Right Now, This Would Be It

TheMotleyFool

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If I Could Only Buy 1 Stock Right Now, This Would Be It: https://g.foolcdn.com/editorial/images/684934/person-standing-next-to-a-large-data-center.jpg

If you're looking for a hedge against market volatility, diversification is a great way to go. Holding 25 stocks or more is one way to protect your portfolio from drastic swings in a single stock or industry. But some businesses can provide different types of diversification within their own company. Starbucks, for example, has revenue from China, creating geographic diversification for investors.

In a hypothetical situation where I could only buy one stock, I would look for one with impressive internal diversification, such as Nvidia (NASDAQ: NVDA). The company has operations in multiple markets that are growing fast and could each be huge over the long term.

Image source: Getty Images.

Source Fool.com

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