Officials indicated that the Fed might decide this month on when to initiate tapering of its bond purchases. Because employment is a crucial factor, the Fed wants to ensure that an economic recovery is enroute for sure. This position has fostered positive investor sentiment. The Fed’s postponement in reducing bond purchases will ensure capital continues to flow in the financial system to aid economic recovery.
Given this backdrop, we think it could be wise to bet on fundamentally sound Dow Jones stocks UnitedHealth Group Incorporated (NYSE:UNH), McDonald’s Corporation (MCD), Honeywell International Inc. (NASDAQ:HON), and Walgreens Boots Alliance Inc. (WBA).