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This depends on your current asset allocation, risk tolerance, and investing horizon. Beginning investors would do best with low-cost index funds. It is impossible to answer this question with a singular answer, as the Stock Market is very volatile and changes every day. What might be a "good stock" today, could plummet tomorrow.
The Motley Fool, www.fool.com, has great forums and articles for researching stocks. Many new investors start out by investing in index funds, which distribute your risk across the entire index of stocks.
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unitednuclear.com has it but is out of stock right now.
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Considering the volatile stock markets, its best to save one's money.
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I would like to recommend you to drive thru with highest yield dividend stocks with good potential in the market.
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Yes, buying stock in economic downturn is a great idea. Right now, lots of stocks are cheap and will be raising in the future. This will allow you to invest your money safely.
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