The US equity market has performed well so far this year with the S&P up by about 5%.Many of the foreign markets including the developed European markets are under-performing the US. With that said, there are plenty of opportunities for investors with a long-term view. The following are five stocks that investors can monitor for potential entry points:
1.Company: Continental AG (CTTAY)
Current Dividend Yield: 2.29%
Sector:Auto Components
Continental has fallen from a recent high of over $61 to $46 now.
2.Company: General Mills Inc (GIS)
Current Dividend Yield: 4.55%
Sector: Food Products
The consumer staples sector is out of favor now. In addition, General Mills has made an expensive acquisition in the pet food space. However food items such cereals are not going to disappear anytime soon.
3.Company: Ecopetrol SA (EC)
Current Dividend Yield: 3.10%
Country: Colombia
After reaching over $23 the stock is currently trading the $20 range. EC is a risky bet but higher oil prices from current levels should help the Colombian oil major go even higher.
4.Company: Royal Dutch Shell PLC (RDS.A)
Current Dividend Yield: 5.46%
Sector: Oil, Gas & Consumable Fuels
Country: UK
5.Company: Magna International Inc(MGA)
Current Dividend Yield: 2.15%
Sector: Auto Components
Note: Dividend yields noted above are as of July 19, 2018. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions.
Disclosure: Long CTTAY, GIS, EC and MGA
