Here are three popular stocks/ETFs that caught my eye.
- Wal-Mart ($WMT) - Stock broke above resistance two weeks ago to trade at the best level in 3 years. The pullback has been orderly and now WMT is offering a high reward-to-risk buying opportunity. The dividend yield is 2.6%.
- Toro ($TTC) - The maker of farm machinery and small tools broke above resistance at $55 and rallied for 2 weeks before pulling back to the now support level. With a PEG ratio of 1.0 and a dividend yield of 1.6%, TTC look s like a nice value play.
- iShares Corporate Bond ETF ($LQD) - The large basket of investment-grade corporate bonds has pulled back for 2 straight weeks after hitting a multi-year high. The pullback combined with the strong outlook for corporate bonds and the 4.5% yield make LQD very attractive.
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