Cliche as it may be, love is in the air — but I’m not talking about Valentine’s Day. I’m talking about investors’ ongoing love affair with equities.
This past Tuesday, Feb. 9, all three major U.S. indexes jumped to record intraday highs, including the tech-heavy Nasdaq Composite, which closed above 14,000 for the first time ever. Despite a nearly two-decade high in the S&P 500‘s Shiller price-to-earnings ratio, investors remain undeterred by the stocks they love.
If you’re a committed long-term investor with cash to spare, consider putting it to work in the following five stock market sweethearts.