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4 High-Quality Large-Cap Stocks to Buy Right Now By StockNews


© Reuters. Four Large-Cap High Quality Stocks You Can Buy Now

High inflation, supply chain issues and volatility are likely to make the stock market volatile. For more stability and returns it might be a smart move to purchase shares of large-cap stocks like Cisco (CSCO), Novo Nordisk NYSE:), HOYA Corp (HOCPY) and Mettler Toledo NYSE:. These stocks are rated ‘Strong Buy’ in our proprietary ratings system and have solid profitability attributes.The major stock market indexes attempted a comeback yesterday, as Congress appeared to be nearing a deal that would raise the debt ceiling in the short term and avoid a disastrous government default. In addition, promising data for Merck & Co., Inc.’s (MRK) oral treatment for COVID-19 has provided further support to the market.

Investors remain concerned by high inflation and supply chain problems. A Bankrate survey found that most experts think a stock market correction will occur within the next year. It would make sense to buy large-cap stock that are fundamentally solid to secure stable returns in this volatile market.

Cisco Systems, Inc., Novo Nordisk A/S, HOYA Corporation, and other large-cap stocks Mettler-Toledo International Inc (MTD) have immense potential. Their market dominance and fundamental strength make them a great investment. Also, these stocks are rated ‘Strong Buy’ in our POWR Ratings system and have an ‘A’ grade for Quality. It could be a smart move to place a bet now on these stocks.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.