In the interest of diversity, tonight I present a precise opposite point of view from yesterday when I gave you an article from the AAII warning you away from the megacaps. The recent U.S. News Invested article below tell you what the best megacaps are to invest in right now.
InvestedAdvice, rankings and stock market news for investors. |
|
|
TODAY'S FEATURED STOCK STORY Large-cap companies are often well established, profitable firms with long track records of delivering results for their customers and shareholders. Growth stocks are those considered by Wall Street to have above-average growth potential compared to their peers in the same industry or industrial sector.
As an asset class, large-cap growth stocks offer relative stability, great capital appreciation potential and, in many cases, a good dividend income – all very attractive qualities to have in a long-term investment. All stocks fluctuate up and down with the market and other factors, but shares of large-cap growth companies are usually less vulnerable to dramatic price swings and big drawdowns.
Many large-cap growth stocks are considered blue chips. They've been around for a long time, they have solid financials, strong revenue, good current and forward earnings, and decent dividends. With all of this in mind, here is a list of five high-quality, large-cap growth stocks to invest in today and hold for the future:
Johnson Controls International PLC (ticker: JCI). JCI is a $44 billion company that makes standard and custom-designed building products and integrated building systems for customers in the U.S., Asia, Europe and several other regions around the world. JCI reported $3.50 in per share earnings on $26.79 million in revenue 2023. The Wall Street consensus on JCI for 2024 is $3.61 in earnings and $27.8 million in revenue. The stock pays an annualized dividend of $1.48, for a current yield of 2.3%.
Visa Inc. (V). Visa is a large-cap growth stock with an impressive market capitalization that tops $551 billion. The company is very well known in the consumer credit card industry and is becoming predominant in payment processing as well. In recent years, Visa has established itself as a global leader in digital fraud detection and mitigation technology. For fiscal 2024, Wall Street estimates Visa will report $35.8 billion in revenue. If it hits that number, Visa will achieve 182% revenue growth over a decade.
Click here to continue reading.
|
|
|
No comments:
Post a Comment