Have $5,000 in Cash? These 3 Stocks Look Strong
Thus far, the market has held its own this week. Things like Steve Mnuchin speaking about a further $250 billion in aid for small businesses, oil price moves, and varying reports on the coronavirus in New York City have all had their effects.
While there are plenty of stocks to avoid right now, there are some strong picks offering nice additions to any good portfolio.
Financials may not be the hottest sector these days, but they offer some substantial value. JPMorgan Chase (NYSE: JPM) remains a solid long-term asset for any portfolio. The bank now carries a 4.29% yield. Finishing 2019 with earnings of $10.72 per share, the bank carries a trailing payout ratio of 27.7%.
Source Fool.com
