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5 Predictable Stocks Giving Markets a St. Patrick's Day Boost

US markets bounce back from Monday’s tumble as Trump seeks coronavirus stimulus Continue reading... Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Following a historic market tumble on Monday, five stocks in the Standard &amp; Poor’s 500 Index that gained more than 10% on St. Patrick’s Day and have a GuruFocus business predictability rank of at least 3.5-stars are Intel Corp. (NASDAQ:INTC), American Tower Corp. (NYSE:AMT), Walmart Inc. (NYSE:WMT), Nvidia Inc. (NASDAQ:NVDA) and Amgen Inc. (NASDAQ:AMGN) according to All-in-one Screener results, a major GuruFocus Premium feature.” data-reactid=”12″>Following a historic market tumble on Monday, five stocks in the Standard & Poor’s 500 Index that gained more than 10% on St. Patrick’s Day and have a GuruFocus business predictability rank of at least 3.5-stars are Intel Corp. (NASDAQ:INTC), American Tower Corp. (NYSE:AMT), Walmart Inc. (NYSE:WMT), Nvidia Inc. (NASDAQ:NVDA) and Amgen Inc. (NASDAQ:AMGN) according to All-in-one Screener results, a major GuruFocus Premium feature.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="On Tuesday, a day to celebrate the foremost patron saint of Ireland, the Dow Jones Industrial Average closed at 21,237.79, up 1,049.27 points or 5.20% from Monday’s close of 20,186.52. Likewise, the S&amp;P 500 closed at 2,529.11, up 142.98 or 5.99% from the previous close of 2,386.13.” data-reactid=”19″>On Tuesday, a day to celebrate the foremost patron saint of Ireland, the Dow Jones Industrial Average closed at 21,237.79, up 1,049.27 points or 5.20% from Monday’s close of 20,186.52. Likewise, the S&P 500 closed at 2,529.11, up 142.98 or 5.99% from the previous close of 2,386.13.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="U.S. markets crawl back Monday’s loss on White House’s trillion-dollar stimulus” data-reactid=”31″>U.S. markets crawl back Monday’s loss on White House’s trillion-dollar stimulus

U.S. Treasury Secretary Steven Mnuchin said during a White House briefing that “Americans need cash now” to stimulate the economy as the coronavirus outbreak continues taking its toll. The administration said the relief package, which can exceed over $1 trillion, includes between $500 billion and $550 billion in direct payments or tax cuts, between $200 billion and $300 billion in small business assistance and between $50 billion and $100 billion in airline and industry relief. CNBC added that the White House will now need to “negotiate a package with Congress” that balances “aiding the individuals and workers in need” and the industries the administration has already said it wants to support. New Mexico Senator Tom Udall, a Democrat, told CNBC that any economic relief should prioritize benefits flowing to workers and their families instead of CEOs and shareholders.

Stocks rebounded from Monday’s tumble, which saw the Dow sink near a three-year low despite the number of U.S. coronavirus cases exceeding 5,000, according to statistics generated by John Hopkins University.

As such, investors might seek opportunities among predictable companies that have bounced back from Monday’s lows. Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio) seeks companies with consistent revenue and earnings growth as part of his four-criterion approach to investing.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Intel” data-reactid=”35″>Intel

Shares of Intel closed at $50.08, up 12.26% from the previous close of $44.61.

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GuruFocus ranks the Santa Clara, California-based chipmaker’s profitability 9 out of 10 on several positive investing signs, which include consistent revenue growth and an operating margin that has increased approximately 4.10% per year over the past five years and is outperforming 95.21% of global competitors.

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Gurus with large holdings in Intel include PRIMECAP Management (Trades, Portfolio) and Ken Fisher (Trades, Portfolio).

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="American Tower” data-reactid=”76″>American Tower

Shares of American Tower closed at $227.53, up 12.22% from the previous close of $202.75.

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The Boston-based real estate investment trust owns and operates over 180,000 cell towers throughout the U.S., Asia, Latin America, Europe and the Middle East. GuruFocus ranks American Tower’s profitability 9 out of 10 on several positive investing signs, which include a 4.5-star business predictability rank and a return on equity that outperforms 97.77% of global competitors.

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Despite high profitability, American Tower’s financial strength ranks a low 3 out of 10 on a weak Altman Z-score of 1.72 and a debt-to-equity ratio that underperforms over 97% of global REITs. Additionally, American Tower’s price-earnings ratio underperforms 92.44% of global competitors despite nearing a five-year low.

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Gurus with large holdings in American Tower include Chuck Akre (Trades, Portfolio)’s Akre Capital Management and Spiros Segalas (Trades, Portfolio).

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Walmart” data-reactid=”125″>Walmart

Shares of Walmart closed at $119.26, up 11.71% from the previous close of $106.76.

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GuruFocus ranks the Bentonville, Arkansas-based retailer’s profitability 8 out of 10 on several positive investing signs, which include consistent revenue growth and a return on equity that outperforms 85.66% of global competitors. Additionally, operating margins are outperforming 64.69% of global discount stores despite contracting over the past five years.

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The foundation trust of Microsoft Corp. (NASDAQ:MSFT) founder Bill Gates (Trades, Portfolio) has the largest holding in Walmart with approximately 11.6 million shares.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="NVIDIA” data-reactid=”162″>NVIDIA

Shares of Nvidia closed at $217.27, up 10.63% from the previous close of $196.40.

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GuruFocus ranks the Santa Clara, California-based graphics processing designer’s profitability 10 out of 10 on several positive investing signs, which include a return on assets that outperforms 95.97% of global competitors and an operating margin that has increased approximately 13.40% per year over the past five years.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Amgen” data-reactid=”187″>Amgen

Shares of Amgen closed at $207.80, up 10.13% from the previous close of $188.68.

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GuruFocus ranks the Thousand Oaks, California-based drug manufacturer’s profitability 10 out of 10 on several positive investing signs, which include a 4.5-star business predictability rank, expanding operating margins and returns that outperform over 90% of global competitors.

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Disclosure: No positions.

Read more here:

  • 4 Most Broadly-Owned Airline Stocks as US Announces Fund Stimulus
  • 4 High-Quality Tech Companies as Coronavirus Fears Smash Markets Worldwide
  • 3 Five-Star Companies at Historically Low Price-Sales Ratios

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article first appeared on GuruFocus.
” data-reactid=”220″>This article first appeared on GuruFocus.

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