Top Stocks To Watch For 2019

Big things usually have small beginnings. That’s certainly the case with wind power in the United States. At the turn of the century wind farms contributed a negligible amount of electricity to the grid. But that changed as the technology and economics improved. Wind power’s share of American electricity generation jumped to 1.5% by 2008 and 6.3% by 2017. It’s poised to send more electrons to the grid than hydropower before the end of the decade.

While the exponential growth demonstrated by wind power has made some long-term investors wealthy, there are parallels to other renewable technologies earlier in development. And these days companies are learning that prioritizing environmental stewardship can be great for business, too. With that in mind, here are 10 stocks that can help your portfolio while helping the environment.

Top Stocks To Watch For 2019: Magellan Midstream Partners L.P.(MMP)

Magellan Midstream Partners (NYSE:MMP) is one of the best master limited partnerships(MLPs) around. The oil and refined products pipeline and storage company boasts one of the top credit ratings and financial profiles in the sector. As a result, the company’s 5.6%-yielding distribution is on rock-solid ground.

That level is worth noting because it’s at its highest since the financial crisis thanks to a nearly 14% sell-off in Magellan’s unit price over the past year. That decline came despite solid financial results, enabling the company to keep increasing its payout. In fact, Magellan Midstream expects to raise its payout another 8% this year and at a 5% to 8% annual rate in 2019 and 2020, all while maintaining its top-tier financial metrics. With that growth now coming at a cheaper price, April looks like an excellent time to think about scooping up this outstanding income-focused stock.

Top Stocks To Watch For 2019: Verizon Communications Inc.(VZ)

Verizon Communications Inc. (NYSE:VZ), it pays a generous dividend – but doesn’t raise it meaningfully. This lack of payout upside caps the stock’s price upside.

Frustrated Verizon investors need not look further than this chart for an illustration of why their money is underperforming.

Verizon’s stock and dividend have increased by roughly the same amount. That’s no coincidence – it happens all the time.

You’ll also notice that the firm’s track record of “yearly dividend raises” means little because the raises themselves weren’t meaningful.

This a common mistake dividend aristocrat fans make when they flock to track records. They’re not that far off the scent of 100%+ gains, however. They just need to look ahead, rather than behind. Let me explain.

Top Stocks To Watch For 2019: Callaway Golf Company(ELY)

Callaway is one of the largest golf apparel and equipment companies in the world, manufacturing respected gear for both professionals and amateurs. The stock is currently sporting a Zacks Rank #2 (Buy), as well as an “A” grade for Momentum. This is an interesting pick for those looking to ride a recent trend, as shares have surged more than 18% in just three months. This momentum is inspired by the company’s recent earnings beat and positive revision activity. ELY’s consensus EPS estimate for 2018 has gained 10 cents over the past week, and Callaway is now expected to see earnings growth of 51% this fiscal year.

Top Stocks To Watch For 2019: Five Below, Inc.(FIVE)

The retail industry might be the last place you’d expect to find a growth stock right now. Mall-based retailers are facing huge challenges as many of the anchor store chains that help drive traffic to mall locations have resorted to extensive store closings in the face of lack of shopping interest. That’s forced smaller retailers to come up with better business models in an effort to survive.

Five Below has come up with what it thinks is an unbeatable combination of favorable traits to appeal to shoppers: inexpensive goods that teen and pre-teen shoppers can afford and want to buy. Even as the retail industry overall has struggled, Five Below has seen impressive revenue growth, with top-line gains of 28% last year and 20%, 22%, and 27% in the three years before that.

After years of little movement, Five Below stock has recently exploded higher as many investors have started to recognize the tween retailer’s resilience in a bad market. With a solid e-commerce presence to go with an impressive network of well-placed store locations, Five Below has its finger on the pulse of the youngest generation of shoppers. That could give the chain a leg up for years to come, especially as it hopes to nearly triple the size of its network over the long run.

Leave a Reply

Your email address will not be published. Required fields are marked *