Types of Stocks - the basics

If you were to group stocks into three categories, it would be as follows:

Income - just what it says. Offers unusually higher dividend yields to provide a flow of steady income.

Growth - people who invest in these expect the security to increase substantially and 'grow'. Growth stocks typically produce zero or little dividend as they are re-invested back into the company for further growth.

Value - these securities are felt to be a good bang for the buck. Many feel the stocks are undervalued and will increase in value.

Very basic overview but a good start.