8 Stocks to Buy for 2019 (and 5 to Sell)
In an uncertain market (see our 2019 outlook) making money in stocks will require careful choices.
We think these eight companies, ranging from a money-center bank to a bargain-basement retailer, have solid prospects in 2019. We've also listed five you should consider parting ways with. Data is as of November 9.
Check them out.
Brookfield Asset Management
Courtesy Brookfield Asset Management
52-week low/high: $37.22/$45.04
Market value: $41.5 billion
P/E ratio: NA
Yield: 1.4%
Brookfield Asset Management (, $43) is what you buy when you want to invest in something other than stocks and bonds. Brookfield owns a global portfolio of office, apartment and retail properties; it also owns 840 power plants that run on hydroelectricity, wind and other renewable technologies. Its infrastructure division invests in ports and railroads, and its private equity unit offers limited partnership stakes in real estate and energy. Brookfield benefits from large inflows from institutional investors, says
