If you've got some cash on the sidelines, you might be looking to deploy some now that the economic outlook has shifted into a more positive direction. The three major stock indexes all rose in January as many stock soared. In fact, some of last year's biggest-losing stock rebounded in the new year. But with the market's volatility, it pays to be selective when choosing stock to invest in.
In stock invest, it's easy to focus on big names and blue-chip companies since they are frequently reported in financial media. But there are a number of stock that offer great value and potential for growth that don't get the same press. Here are nine stock to invest in right now.
Income invest like utility stock for their stability and generous dividends. Here are nine to watch in an uncertain market: Duke Energy Corporation (NYSE:DUK), Southern Company (NYSE:SO), Dominion Energy (NYSE:D), NextEra Energy (NYSE:NEE), Xcel Energy (NASDAQ:XEL), CMS Energy (NYSE:CMS), American Electric Power (NASDAQ:AEP), Consolidated Edison (NYSE:ED), and WEC Energy Group (NYSE:WEC). All of these stock pay reliable dividends and offer potential for capital gains as well.
Artificial intelligence will shape the world's future; your portfolio should have some exposure to reflect that. AI has become increasingly important in areas such as healthcare, transportation, and finance. We recommend invest in NVIDIA Corporation (NASDAQ:NVDA), which has been a leader in AI technology.
We all want to get richer. And here's the best news. You don't have to win the lottery to fulfill your dreams of financial security. We recommend invest in Warren Buffet's Berkshire Hathaway (NYSE:BRK.B) for its diverse portfolio of invest.
We may be entering a period of prolonged leadership from undervalued stock, with these tickers poised to lead the charge: Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), and Morgan Stanley (NYSE:MS). All four of these banks have strong balance sheets and a history of beating earnings estimates.
Value stock dramatically underperformed growth stock during the last bull market. Growth equities benefited from low interest rates; now that rates are rising, value stock may be due for a comeback. We'd recommend looking at JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC), and Bank of America (NYSE:BAC) for potential value plays.
Finally, don't forget about the tech sector. technology stock have been on a tear in recent years, and that trend is likely to continue. We recommend invest in Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOGL) for their long-term potential.