Tap these resilient picks for 2021: Walmart, Alphabet and Verizon

Article Excerpt

We’ve singled out one stock from each of our three portfolios—Conservative, Aggressive and Income—as your top choices for new buying in 2021. All three of these picks have held up well during the COVID-19 pandemic. They’re poised to move even higher as the rollout of new vaccines lets more parts of the economy re-open. Even if the pandemic worsens, we feel these resilient stocks will continue to reward investors for many years to come. WALMART INC. $144 is your #1 Conservative buy for 2021. The company (New York symbol WMT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 2.8 billion; Market cap: $403.2 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.5%; TSINetwork Rating: Above Average; www.walmart.com) is the world’s largest retailer with 11,484 outlets in 27 countries. Those stores serve a total of 265 million customers each week. The stock has jumped 30% since the onset of the pandemic as governments have designated its stores as “essential.” That has let they remain open despite lockdowns that forced…