As the markets continue to trade near record levels, investors are eager to get into the market, but at the same time are understandably concerned of a possible sell off due to the market’s recent strength.
There are a lot of unknowns in the current market, including geopolitical tensions, rising interest rates, and the possibility of an all-out trade war between the U.S. and China.
Overall economic conditions remain solid in the U.S., but any of the above concerns could easily derail both the overall economy and the stock market, which puts investors in a awkward positions. On one hand you want to participate in the market while the economy is strong, but you have to safeguard yourself against a potential sell off.
One great way to invest with a little peace of mind is by seeking out sector leaders and putting your money to work with them. Sector leaders tend to be a little less volatile since their presence in their sectors provides a little additional safety if the overall sector turns south.
If you find yourself in the position of having some cash you want to invest, but are unsure of which direction to turn, consider the following sector leaders, all of which would be great additions to your portfolio at the current time.