Sunday, November 5, 2023

9 of the Best Stocks for a Starter Portfolio

Given that the theme this weekend is a review of basics, I'm sharing last week's edition of U.S. News Invested on choosing stocks for a beginner portfolio, in other words very safe.  Hope everyone had a great weekend.  



OCTOBER 27, 2023

U.S. News & World Report

Invested

Advice, rankings and stock market news for investors.

Good morning, investors. Stocks close out a rough week as investors fear strong economic data will fuel Fed's fire.

Highlights of today's newsletter include our market insights plus these new articles:

9 of the Best Stocks for a Starter Portfolio
7 Best Money Market Funds for 2023
Behavioral Finance: FOMO, Loss Aversion and Other Investing Biases
8 Things to Know About Tax Lien Investing

Three varieties of McCormick spices in plastic table shaker containers. Salt free all purpose, garlic and herb and Perfect Pinch salt free garlic and herb. Variety of prepared and mixed Seasonings to add to any food dish.

The stock market is currently stuck in a fall swoon. Between soaring interest rates, inflation and an aggressive Federal Reserve, investors are understandably taking some risk off the table. With a possible recession on the horizon, this probably isn't the time to be swinging for the fences. However, as the adage goes, time in the market is more important than timing the market.

The key to long-run investing success is, in large part, simply allocating money to attractive opportunities and then holding on through the highs and lows. A good way to achieve that is to own high-quality companies that can thrive regardless of the broader economic or political environment. Here are the best nine stocks to buy for a starter portfolio, even in today's uncertain economic environment:

Thermo Fisher Scientific Inc. (ticker: TMO). Thermo Fisher Scientific is one of the world's largest lab tools and scientific equipment companies. It operates four segments including life science solutions, diagnostic products, analytical technologies, and lab products and services.

Thermo Fisher saw a surge in revenues related to demand for COVID-19 testing and vaccine development. As that has rolled off, Thermo's earnings growth has trailed off and the stock has sunk. That creates a buying opportunity to own this integral, $165 billion player in its industry.

Texas Instruments Inc. (TXN). Texas Instruments is the world's largest analog semiconductor company; it holds a wide market share lead over the next-biggest player in its niche. Analog chips are highly attractive from an investing standpoint. That's because they tend to serve slower-moving end markets. This means that Texas Instruments chips can continue to remain on the market for many years, rather than seeing designs quickly become obsolete.

Texas Instruments' stock has slumped thanks to the slowdown in the automotive industry, but investors can be confident in the firm's excellent management, large capital returns to shareholders, and steady growth in earnings and dividends over the decades.  


  • Thermo Fisher Scientific Inc. (ticker: TMO)
  • Texas Instruments Inc. (TXN)
  • Goldman Sachs Group Inc. (GS)
  • Canadian Pacific Kansas City Ltd. (CP)
  • PayPal Holdings Inc. (PYPL)
  • McCormick & Co. Inc. (MKC)
  • Prologis Inc. (PLD)
  • Estee Lauder Cos. Inc. (EL)
  • Public Storage (PSA)


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