3 Top Large-Cap Stocks to Buy in February
These are tough times for investors. Most understand stocks are technically stretched thin and vulnerable to a pullback. And now that we're in the thick of earnings season, uncertainty comes with the territory. This time around, though, we're dealing with presidential election primaries against the backdrop of a coronavirus outbreak that may worsen before it's contained. China has been hit hard but has also injected some fiscal stimulus into its economy.
Given all the risks and the corresponding lack of clarity, this may be a time for investors to keep things simple and lean on big, familiar names that can weather almost any storm. THere are three top stocks for February, following a modest but not back-breaking lull from each.
Concerns about a global economic slowdown have been circulating for some time now, reaching a climax in September of last year when the interest rate yield curve was most inverted after moving in that direction for several months beforehand. That shift put pressure on financial names like JPMorgan Chase (NYSE: JPM), which would have suffered a proverbial double whammy. Not only would a recession crimp the underwriting, trading, and lending activity that drives the big banks' top and bottom lines, low interest rates make lending a less profitable business.
Source Fool.com
