ETF

Blue Chips Now Value Stocks

 

If anything, large-cap "growth" stocks are these days looking a better bet than "value" stocks. Vanguard Growth (VUG) holds Microsoft, P&G, J&J, Cisco, Intel, Wal-Mart, Pepsi(PEP), Google (GOOG), IBM and Comcast (CMCSA) as its top 10.

Possibly the most interesting is State Street's Global Titans Fund (DGT). It includes most of the above names, plus a few giants based overseas like HSBC (HSB), Toyota and BP. The yield is an impressive 2.4%.

Like I said, hidden in plain sight.

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In keeping with TSC's editorial policy, Brett Arends doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Arends takes a critical look inside mutual funds and the personal finance industry in a twice-weekly column that ranges from investment advice for the general reader to the industry's latest scoop. Prior to joining TheStreet.com in 2006, he worked for more than two years at the Boston Herald, where he revived the paper's well-known 'On State Street' finance column and was part of a team that won two SABEW awards in 2005. He had previously written for the Daily Telegraph and Daily Mail newspapers in London, the magazine Private Eye, and for Global Agenda, the official magazine of the World Economic Summit in Davos, Switzerland. Arends has also written a book on sports 'futures' betting.

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