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My exclusive Top 5 Watchlist for the week ahead

My exclusive Top 5 Watchlist for the week ahead

All of the major stock market indexes are priced at or near all-time highs. So it is not surprising that countless individual stocks are trading at lofty, and likely unsustainable, valuations. That said, you can still find growth at a reasonable price or GARP if you know where to look.

Using Value Line’s resources, one can start finding stocks that are presently trading at price-to-earnings (P/E) ratios below their 10-year historical averages. But naturally, GARP requires growth too. The goal is to find companies with excellent product rosters, enjoy wide margins and generate ample profits to potentially fund additional growth endeavors.

These stocks should fit nicely in most equity portfolios, particularly those that are focused on long-term gains.

Here’s my list for this week:

  1. American International Group (AIG)
  2. Cleveland-Cliffs (CLF)
  3. Freeport-McMoRan (FCX)
  4. Molson Coors (TAP)
  5. Qiagen (QGEN)

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Are any of my Top 5 already on your Watchlist? Reply back and let me know. 

Have an amazing 4th of July with your friends and family, and stay tuned for Monday morning for our in-depth breakdown of American International Group (AIG)

Gordon Fox is the editor of investinglate.com and writes about Investments, Savings, and how to make the most of your money