5 Stocks That Prove Size Does Matter In 2019

After a sharp drop toward the end of 2018, the U.S. stock market recouped some of the losses and now the indexes have closed at their highest levels for 2019. But, whether the momentum will continue is nothing but guesswork. After all, the S&P 500’s impressive 8% gain so far this year was primarily due to some solid earnings reports from high profile names like Facebook, Inc. (FB - Free Report) . But, we all know that there are serious underlying issues for Facebook, thanks to privacy and fake news controversies.

However, some may say that beyond this stock-specific issue, the broader market is poised to gain after lawmakers reached a deal to prevent another government shutdown and optimism also grew over a trade deal between the United States and China.

But beneath the surface, things are still dicey. President Trump did express his discontentment over the tentative agreement that allows 55 miles of new border fencing along the U.S.-Mexico border. Meanwhile, he said that he may hold off on raising tariffs provided the countries get close to a deal. So, there are a lot of ifs and buts. And how can we forget that the global economy is on the cusp of a slowdown this year.

It’s, thus, hard to predict whether the rally that began this year will stay. But, there are some mega-cap stocks that offer some respite at the moment. Their size, established business model and market dominance ensure that they weather whatever the market throws their way. These stocks are financially stable enough to counter a choppy equity market as well as cash on any uptrend. Have a look —

Boeing

The Boeing Company (BA - Free Report) , with a market value of $230 billion and annual revenues worth of $100 billion, should be at the top of the list, especially, when the company claims it has an order of $500 billion, ensuring a secured position in the near future.

By the by, the firm is frequently at the top of the list of government contractors and the Trump administration’s interest to rebuild the U.S. military by bumping up Pentagon’s budget should certainly bode well for the company.

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