FYI: Even if investors have reason to be wary after a rocky few months in the market, U.S. stocks still look appealing as 2019 approaches.
S&P 500 companies are poised to deliver a 22% gain in earnings this year, leaving the benchmark index trading at 15 times forward earnings. That multiple is low compared with past years.
For investors looking to next year, an important issue is whether to go with defensive stocks (utilities, real estate investment trusts, health-care companies, and consumer staples), economically sensitive issues (banks, retailers, and industrials), or growth stocks (mostly in technology).
Regards,
Ted
https://www.barrons.com/articles/barrons-top-10-stock-picks-for-2019-51544837018?mod=hp_LEAD_1
