Zacks.com featured highlights include: Sherwin-Williams, Best Buy, O-I Glass, ViacomCBS and Whirlpool
For Immediate Release
5 ROE Stocks to Profit as Rise in Jobless Claims Hit Market
The U.S. equity markets continued its downtrend in the past few trading sessions with fading hopes of more fiscal aid due to lack of consensus on an additional stimulus package, at least until the Presidential elections. To add to the woes, an unexpected rise in weekly jobless claims fueled concerns regarding a halting economic recovery and stoked fears about a lasting impact on the labor market by the coronavirus-induced turmoil. With the earnings season gradually picking up steam, the markets await a rebound in the overall quarterly performance across the board to bring the growth momentum back on track.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from ‘cash cow’ stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return.
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The SherwinWilliams Company (SHW): Free Stock Analysis Report
Whirlpool Corporation (WHR): Free Stock Analysis Report
OI Glass, Inc. (OI): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
ViacomCBS Inc. (VIAC): Free Stock Analysis Report
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