Apple, CVS Health, and General Motors reportedly are among the best investment bets for the year ahead.
In 2016, we expect that the broad U.S. stock market will fare better, if not shine, Barron’s
Jack Hough wrote.
"The S&P 500 looks fully priced at 17.5 times projected 2015 earnings, and, during the past two quarters, earnings declined slightly versus a year earlier. But that is due to a crash in oil profits," he wrote.
"Excluding energy, earnings are rising at a 5% clip. Assuming similar growth next year, with a steady price/earnings ratio and 2% in dividends, stock investors could end up with a total return in the high-single digits," he wrote.
As far as the actual picks: "Videogames and zombie shows are in. Anything oily is out," he wrote. "There are no department stores, only a druggist and a sneaker merchant."
The top 10:
Meanwhile, Goldman Sachs
- AMC Networks
- CVS Health
- Delta Air Lines
- Discover Financial Services
- Electronic Arts
- Foot Locker
- General Motors
- Mohawk Industries
analysts have seen the future, at least into next year, and it's not pretty. In fact, the predictions are so dismal, Fortune described them as "incredibly depressing."
reports that Apple, CVS Health, and General Motors are among the best investment bets for the year ahead.
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