Saturday, April 9, 2022

Top Stocks to Buy in All 11 Market Sectors

Since I've started the daily posts again, I figured I may as well do the weekend bonus posts as well, especially in view of the fact that these weekend specials quite frequently got the highest number of views.  So below is the latest edition of U.S. News Invested, this time with a list of 11 top quality stocks, this time with the #1 stock in each sector.  Enjoy and enjoy the weekend.  


Sat 4-9-22 Top Stocks to Buy in All 11 Market Sectors | Investing | US News


Top Stocks to Buy in All 11 Market Sectors

These picks are best-in-class stocks in their respective sectors.

By Jeff Reeves

April 7, 2022, at 4:57 p.m.

Diversification across the 11 different sectors allows for smoother returns.

Given the red-hot run for energy stocks in the last few months, it's tempting to think the best course of action in 2022 is to abandon all other sectors and go all-in on Big Oil. But while you can certainly make a bundle of cash with aggressive and focused bets like that when you're correct, you also run the risk of losing your shirt when the market moves away from you and you're on the wrong side of a trade. For most investors, a diversified and long-term approach to the market is a better course of action to provide more consistent returns. The entire market is broken down into 11 sectors by the Global Industry Classification Standard, developed by MSCI and Standard & Poor's in 1999 and used as a basis for market indexes. To help identify some top stocks across a wide array of business models, the following list provides 11 picks across all 11 stock market sectors.

 

Top stocks to buy in all 11 market sectors:

  • Communication Services – Alphabet Inc. (GOOGGOOGL)
  • Consumer Discretionary – Lululemon Athletica Inc. (LULU)
  • Consumer Staples – Dollar Tree Inc. (DLTR)
  • Energy – Halliburton Co. (HAL)
  • Financials - T. Rowe Price Group Inc. (TROW)
  • Health Care - AbbVie Inc. (ABBV)
  • Industrials – Lockheed Martin Corp. (LMT)
  • Information Technology – Palo Alto Networks Inc. (PANW)
  • Materials – Alcoa Corp. (AA)
  • Real Estate - Blackstone Mortgage Trust Inc. (BXMT)
  • Utilities – Consolidated Edison Inc. (ED)

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