real-time news and commentary for investors
Tuesday, Nov 22
2011, 11:45 AM
SmartMoney's Jack Hough finds an enticing mix for safety investors stuck in low-yielding...
SmartMoney's Jack Hough finds an enticing mix for safety investors stuck in low-yielding Treasurys with 4 companies that offer up perfect AAA-ratings, decent yields, and low valuations. As a group, MSFT, XOM, JNJ, and ADP yield over 3% and trade at under 13 times projected profits. Hough writes that with those fundamentals - and U.S. creditworthiness suspect - it's time to "swap some Treasury bonds for higher-quality assets."