It's been 6 hours since our Stock of the Week subscribers received our latest pick. Before the opening bell, we sent the full analysis for this hand-picked stock to the inboxes of those who have requested this complimentary resource.
This week's pick is a solid growth story that should continue to move forward regardless of what happens to the economy in the short term. The stock trades in line with its competitors, but comes with a relatively high long-term growth rate of 7% for a company valued at more than $210 billion.
Perhaps the biggest selling point for investors though is the stock's defensive capabilities. It has proven to be a great investment no matter the market conditions. When times are great, people buy this company's products. When times are tough, people buy this company's products.
Right now our analyst, Daniel Cross, believes that this stock can offer a 14% return based on the current valuation and the stock's dividend yield.
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You'll receive a new pick from our analyst, Daniel Cross, every Tuesday before the opening bell.