Sunday, August 2, 2009
Two Conservative Stock Picks
Here are two stocks that I see having value and somewhat more conservative in nature. Lincoln National Group (LNC) and its affiliates got crushed with the financials and has gone from $5 lows to over $20 now. I still see it rising further as value investors recognize that the write-downs were paper losses.
Abbott Labs (ABT) as fears subside over the President's health care reforms, this stock reported good numbers in its last quarterly report, it's well diversified, pays a 3.5% dividend and has an attractive valuation.
*click on charts to expand image