The 4th of July celebrates the victory of the American Revolution. What stocks will revolutionize your portfolio?
The 4th of July celebrates the victory of the American Revolution. But, what stocks will revolutionize your portfolio?
We ask Talking Numbers contributors Enis Taner, Global Macro Editor at RiskReversal.com, and Richard Ross, Global Technical Strategist at Auerbach Grayson which stocks they think will be more like Yorktown and less like Valley Forge.
Taner believes there are three stocks you want in your financial arsenal:
Taner’s take: “As opposed to investing in the handset makers where you have a real battle of the wolves among Apple, Samsung, and Google, etc., I’d rather focus on the service provider. AT&T is the largest [wireless] service provider in the US. They’re a huge beneficiary of the growth of smartphone data usage. And, it’s not a very expensive name – 15 times earnings, growing earnings at 10% per year, with a nice 5% dividend as well.”
2. UnitedHealth Group
Taner’s take: “Due to the demographic shift that’s going on in the US, where you see an older population, United Healthcare is a beneficiary of insurance. In fact, Obamacare is going to be one aspect of that. United Healthcare is also a value stock – 12 times earnings, pays a nice dividend. It’s at all-time highs, which is one of the reasons that I like it. I think the stock is showing the strength that it deserves.”
Taner’s take: “Amgen is one of the most diversified biotech companies in the US. None of its products contribute more than 15% of revenues. It’s a direct beneficiary of the increase in healthcare use. Again, not a very expensive stock – 15 times earnings, more than 10% earnings growth projected.”
But do the charts agree? And, if so, which stock has the best technicals? Richard Ross offers up his technical skills on one of these names.
To see the rest of Taner and Ross’ analysis, watch the video above.
Please be sure to watch our guest host, Mandy Drury, on CNBC’s Street Signs, weekdays at 2:00pm Eastern Time.
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- Health Care Industry