The February stock market rout created a tremendous opportunity for long-term investors. Everyone is asking which stocks make sense for the rest of 2018 and beyond. The following five stocks are my favorite large-cap names for a buy-and-hold portfolio. 1. United Parcel Service (NYSE: UPS) Shares of this package delivery service have plunged around 30% from their January 2018 highs. The February market plunge resulted in a steep gap, exasperating an already dire situation. #-ad_banner-#Currently, shares are building a base in the $105.00 zone, setting up an ideal technical buy opportunity. Let’s take a closer look. Fundamentals supporting the… Read More
The February stock market rout created a tremendous opportunity for long-term investors. Everyone is asking which stocks make sense for the rest of 2018 and beyond. The following five stocks are my favorite large-cap names for a buy-and-hold portfolio. 1. United Parcel Service (NYSE: UPS) Shares of this package delivery service have plunged around 30% from their January 2018 highs. The February market plunge resulted in a steep gap, exasperating an already dire situation. #-ad_banner-#Currently, shares are building a base in the $105.00 zone, setting up an ideal technical buy opportunity. Let’s take a closer look. Fundamentals supporting the bullish call include the dividend increase of 10% in February. The company has increased dividends every year since 1969, and they have quadrupled since 1999. UPS boasts a healthy cash flow to support the ever-growing payout to investors. CEO David Abney stated, “Dividends remain a high priority at UPS. Our strong cash flow from operations has enabled us to pay a stable or growing dividend for nearly 50 years.” Next, the company has been knocked lower due to a perceived Amazon threat; however, it still boasts the top margins in the industry. Also, it has posted a compound annual growth… Read More