The U.S. unemployment rate held at 9.5% last month as companies added only 71,000 jobs, missing economists' forecast of 90,000. Friday's report was conclusive proof that the economy is softening. The S&P 500 Index is little changed this year and Treasury bonds have rallied. The following Dow stocks may be the safest bets in equities.
Dow stocks are expected by analysts to outperform mega-cap peers and hold massive cash hoards for acquisitions. If the economy continues to weaken, these companies can increase market share by purchasing smaller rivals and squeezing weaker competitors.
Source: TheStreet.com
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Posted by D4L | Tuesday, August 17, 2010 | ArticleLinks | 0 comments »________________________________________________________________
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