Below Alnitak and Sigma is a great binocular object, the vertical line of stars called the Sword of Orion. In the middle of the Sword is the best telescope target in the heavens, the Great Nebula. Look for a complex fuzzy cloud, a glorious mass of glowing hydrogen in which stars are being born. At high magnification, the four stars in a rough square at the center of the nebula are called the Trapezium. These stars are newly born out of the hydrogen gas that surrounds them.
Single stars are much too far away to look like anything more than a point of light in a telescope.
However, a quick look at Betelgeuse, Orion's left shoulder, will help to bring out its reddish hue. It has now swelled to enormous size in preparation for its death in a mere million years or so. If you have difficulty finding these objects, perhaps the person who gave you the telescope forgot to give you a good set of star maps. I'd recommend Guy Consolmagno's Turn left at Orion. With it and a telescope of practically any size, you'll find plenty to see.