3 Top Large-Cap Stocks to Buy in August
Even in the midst of a pandemic and the upheaval of entire industries, the market has rallied all the way back to where it started 2020. It may seem like stocks are completely disconnected from reality, and in fact some may very well be. But on average, it's a wash with some struggling companies getting offset by those doing very well -- some in spite of COVID-19 and others because of it.
Three large-cap stocks that have helped the market rally in recent months are Facebook (NASDAQ: FB), Comcast (NASDAQ: CMCSA), and Mastercard (NYSE: MA). And fresh off of second-quarter earnings, all three look like buys to me.
There was all sorts of worry about advertising revenue as the pandemic got rolling, and Facebook in particular, with its reliance on small business spending, was a focal point. In a recession, a combination of lower advertising effectiveness and businesses tightening up their budgets isn't great news for a company that relies on ads.
Source Fool.com
