If one thing is clearly evident on Wall Street this year, it is that
there is some very divergent thought among the major firms we cover.
Some are still very bearish and suggest selling every rally immediately.
Others are far more positive and point to the solid economic news that
continues to come out week after week. With the dollar’s strength
abating and the economy growing, one firm we cover is very positive on
the current market.
A new report from Robert Sluymer and his outstanding team at RBC makes
the case that history tells us that declines in secular bull markets
like we have seen twice in the past nine months are shallow, and the
rebounds are often very powerful and sustained. The RBC report points to
numerous sectors and the stocks that looked good. We found four large
cap, blue chip companies that look outstanding now. They combine solid
fundamentals with outstanding technical patterns.
Let's check those out...