Looking for some ideas for your portfolio? Have a few trades resting in your brokerage account ? Everybody has an opinion when it comes to the stock market but few have opinions that you can trust and by trust, you know that they did exhaustive research on the companies they claim to like. Do you really want to commit investment dollars to a name because somebody likes their cheeseburgers?
Morgan Stanley recently published their list of 20 stocks for 2015 , a list of names appropriate for those who have a longer term time horizon. The names on the list aren’t necessarily selling at a discount so going out and buying today may result in overpaying for the name.
These stocks represent companies that Morgan Stanley believes will remain differentiated with their product lines and hold their value for at least the next four years and probably longer.
Amazon continues to be the retailer of the future. In the online retailing space, there’s amazon and then everybody else. High flying stocks with a P/E over 100 often go through a severe price downturn at some point (Netflix) so keep a close eye on this name.
Oil may be the political whipping boy but in reality, it’s here to stay for a long time and even if oil weren’t the future fuel of choice, Chevron’s natural gas investments will keep this name relevant for generations to come and like most energy companies, they’ll pay you a dividend to wait.
Dollar Tree (DLTR)
Dollar Tree is the stock to own in a down economy and if some healthy fear of the economy is the new normal, this stock will continue to go higher.
International Shipholding Corporation (ISH)
This isn’t a household name but somebody has to own the commercial vessels that transport goods overseas and one of those companies is ISH. It’s a low volume stock but sure to stick around. Shipping in an increasingly globalized world will continue to pick up and ISH is in the perfect position for that.
As long as wireless technology is part of everyday life, so is qualcomm. This technology is still in its infancy and that puts QCOM in a great position for future growth and with their top not management team, putting money to work in this name is a no brainer.
Renaissance Holdings (RNR)
Renaissance Holdings is a primarily an insurance company offering products in nearly every segment of the insurance industry from crop insurance to terrorist coverage. Everybody person and business needs insurance of some kind making RNR a solid choice.
Walmart may be the investment market’s version of yesterday’s news but not Target. They continue to add stores and increase margins making this once second tier store the new leader in the space. At 12 times earnings and a dividend yield higher than 2%, TGT is worth a look.
Union Pacific (UNP)
It may seem like an industry that’s going out of style but even in the 21st century railroads transport massive amounts of products throughout the nation. Warren Buffett said that he invests in railroads because they’re business model is easy to understand.
V.F. Corporation (VFC)
You know them as the company that makes Wrangler jeans as well as licensed apparel for the NFL and major league baseball and many other clothing lines. VFC has been a consistent performer and a favorite of institutional investors.
As the world becomes increasingly cashless, Visa is in the perfect spot to capitalize on that. Visa isn’t a credit card company as people think. Instead, they’re a payment processor. This industry will only continue to grow in coming years.
If you commit money to these names without doing at least two hours of research on each, you’re most likely going to lose some of your investment because you’ll buy it at the wrong level. Use lists like these as a jumping off point as you’re looking for new ideas.
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