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However, Goldman Sachs (NYSE:GS) equity strategist David Kostin said recently that “the new strain should not pose a major market risk.” The major stock market indexes continue to be supported by strong corporate earnings. In fact, more S&P 500 companies have beaten EPS estimates for the second quarter than the historical average. Also, the U.S. GDP came in at 6.5% in the second quarter, fueled by massive government aid and increased spending on services.
So, we think it could be wise to bet on fundamentally strong stocks SS&C Technologies Holdings, Inc. (SSNC) and Preformed Line Products Company (PLPC). In addition to overall A ratings in our POWR Ratings system, these stocks possess a solid combination of value, stability, and momentum attributes.
