I'm Sitting On a Record Amount of Cash: Here Are 5 Stocks I'm Looking to Buy

If Wall Street has demonstrated anything, it's the value of patience. If you buy high-quality companies and hang onto them for long periods of time, your chances of growing your initial investment by leaps and bounds goes up significantly.

During the coronavirus crash in February/March 2020, I practically threw the kitchen sink of available cash I had on hand at more than a dozen new and already-held stocks. Many of these buys have worked out beautifully, and I have no intention of selling. But with minimal buying activity during this 18-month mega-bounce-back rally, I'm now sitting on more cash than at any point in my more than two decades as an investor.

Below are five stocks I currently don't own that I'm watching very closely and likely looking to buy on any significant weakness.

Source Fool.com