SQ - 4 No-Brainer Large-Cap Stocks to Own in 2020
To say that the stock market was unstoppable in 2019 would be quite the understatement. The benchmark S&P 500 and tech-heavy Nasdaq Composite wound up gaining 29% and 35%, respectively, for the year, which for the S&P 500 is about four times its average annual return, inclusive of dividends and adjusted for inflation.
The big question is: Can the rally continue in 2020?
While there's no doubt that investors remain on heightened recession alert following the brief inversion of the yield-curve in late August, there aren't any red flags suggesting the U.S. economy is in trouble. Nevertheless, it wouldn't be surprising to see investors focus on established or brand-name large-cap stocks (those valued between $10 billion and $200 billion) in 2020 to mitigate this risk a bit.