Conventional wisdom suggests that investors should find safe stocks to buy. Penny stocks and potential “triple-baggers” might be more exciting and a big win might provide a better story, but experts will tell you the smart play is to benefit from compounding returns in safe, stable stocks.
That general strategy is similar to that followed by Warren Buffett with Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B), for instance. Buffett looks for “forever stocks,” with a portfolio that ranges from key parts of the industrial supply chain to consumer brands like The Coca-Cola Co (NYSE:KO) and Dairy Queen. Investors following that type of strategy — again, so the conventional wisdom goes — should benefit from lower volatility and larger returns over time.
Of course, there are a couple of problems with this advice.
The first is that choosing safe stocks to buy is much harder than Buffett himself has made it look. General Motors Company (NYSE:GM) was considered a “widows and orphans” stock for decades — and it went bankrupt in 2008. Investors in 1985 could have argued Dow Jones component companies Eastman Kodak Company (NYSE:KODK), GM, and Sears Holdings Corp (NASDAQ:SHLD) were among the safest plays in the market.
Top Safest Stocks To Buy For 2019: Unifirst Corporation(UNF)
Advisors' Opinion:- [By Stephan Byrd]
Shares of UniFirst Corp (NYSE:UNF) have been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $183.00.
- [By Max Byerly]
Barrington Research reaffirmed their hold rating on shares of UniFirst (NYSE:UNF) in a research note released on Friday. Barrington Research also issued estimates for UniFirst’s Q4 2018 earnings at $1.62 EPS, FY2018 earnings at $6.44 EPS and FY2019 earnings at $7.31 EPS.
- [By Motley Fool Staff]
UniFirst (NYSE:UNF) Q3 2018 Earnings Conference CallJun. 27, 2018 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
Dolphin Entertainment (NYSE: UNF) and UniFirst (NYSE:UNF) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, valuation, profitability and risk.
- [By Shane Hupp]
UniFirst Corp (NYSE:UNF)’s share price hit a new 52-week high and low on Thursday . The company traded as low as $179.10 and last traded at $177.85, with a volume of 768 shares traded. The stock had previously closed at $178.90.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on UniFirst (UNF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Safest Stocks To Buy For 2019: Petroquest Energy Inc(PQ)
Advisors' Opinion:- [By Ethan Ryder]
News headlines about Petroquest Energy (NYSE:PQ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Petroquest Energy earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.638327846877 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Top Safest Stocks To Buy For 2019: j2 Global, Inc.(JCOM)
Advisors' Opinion:- [By Motley Fool Transcribers]
j2 Global Inc (NASDAQ:JCOM)Q4 2018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
OppenheimerFunds Inc. grew its stake in J2 Global Inc (NASDAQ:JCOM) by 2.7% during the second quarter, HoldingsChannel.com reports. The fund owned 417,643 shares of the technology company’s stock after acquiring an additional 11,122 shares during the quarter. OppenheimerFunds Inc.’s holdings in J2 Global were worth $36,173,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on J2 Global (JCOM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Royce & Associates LP increased its stake in J2 Global Inc (NASDAQ:JCOM) by 1.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 313,387 shares of the technology company’s stock after buying an additional 3,600 shares during the quarter. Royce & Associates LP’s holdings in J2 Global were worth $27,142,000 as of its most recent filing with the SEC.
Top Safest Stocks To Buy For 2019: Cardiome Pharma Corporation(CRME)
Advisors' Opinion:- [By Logan Wallace]
Cardiome Pharma Co. (TSE:COM) (NASDAQ:CRME) – Stock analysts at Zacks Investment Research issued their Q2 2018 EPS estimates for Cardiome Pharma in a research note issued on Tuesday, May 22nd. Zacks Investment Research analyst J. Vandermosten anticipates that the biopharmaceutical company will post earnings per share of ($0.26) for the quarter.
- [By Lisa Levin]
Cardiome Pharma Corp. (NASDAQ: CRME) is expected to post quarterly loss at $0.07 per share on revenue of $6.34 million.
Quest Resource Holding Corporation (NASDAQ: QRHC) is estimated to post quarterly loss at $0.09 per share on revenue of $24.85 million.
- [By Stephan Byrd]
Here are some of the media stories that may have impacted Accern’s rankings:
Get Cardiome Pharma alerts: Cardiome Pharma Corp (TSE:COM): Should The Recent Earnings Drop Worry You? (finance.yahoo.com) Pacira Pharmaceuticals Gets a Hold Rating from Canaccord Genuity (analystratings.com) As of May, 21 Analysts See $-0.20 EPS for Cardiome Pharma Corp. (CRME) (thecasualsmart.com) Cardiome Pharma Corp. (CRME) stock added 0.33% off its SMA-20 (thestocksnews.com) Cardiome Pharma (CRME) Upgraded to Sell at ValuEngine (americanbankingnews.com)Shares of CRME traded down $0.01 during mid-day trading on Wednesday, reaching $2.29. The company’s stock had a trading volume of 730 shares, compared to its average volume of 138,610. The firm has a market cap of $80.20 million, a price-to-earnings ratio of -2.53 and a beta of 0.19. The company has a debt-to-equity ratio of 2.47, a quick ratio of 3.99 and a current ratio of 4.80. Cardiome Pharma has a 52 week low of $2.28 and a 52 week high of $2.30.
Top Safest Stocks To Buy For 2019: Voya International High Dividend Equity Income Fund(IID)
Advisors' Opinion:- [By Logan Wallace]
ING International High (NYSE:IID) announced a monthly dividend on Wednesday, May 16th, Wall Street Journal reports. Shareholders of record on Monday, June 4th will be given a dividend of 0.052 per share on Friday, June 15th. This represents a $0.62 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date of this dividend is Friday, June 1st.
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