5 Invincible Stocks to Buy for a Biden Bull Market
President Joe Biden took office with less than ideal economic conditions. Nevertheless, one of the most robust bull markets in history might take shape under his administration.
Even with the pandemic ongoing, a confluence of catalysts have emerged that could propel stock prices much higher. This includes the Federal Reserve's dovish monetary policy, its monthly bond-buying program designed to weigh on long-term Treasury yields, and the Biden administration's pushing of multiple rounds of spending and/or stimulus. Ultimately, my own projection of the S&P 500 hitting 5,000 under Biden may prove conservative.
The best way for investors to take advantage of a possible Biden bull market is to pack their portfolio with invincible stocks. These are companies that, through thick and thin, have the innovation or industry dominance to thrive. The following five companies fit the bill of invincibility perfectly.
Source Fool.com
