The Top 5 Stocks to Consider Adding to Your Portfolio in 2020

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New year, new portfolio?

If you're looking to add some new names to your portfolio, look no further. 

Real Money contributor Stephen "Sarge" Guilfoyle broke down five stocks that he thinks investors should be watching in 2020. 

So, without further ado, let's just dive in. 

Top Pick: ViacomCBS

Guilfoyle likes this name so much, he penned a column on it.

"Bear in mind that I tried to make this pick one that a retail investor could get involved with. That means that I made an effort not to pick something that every Jane or Joe couldn't at least grab a few shares of. So, my pick for 2020 is ViacomCBS ((VIACA) - Get Report). Surprised? Just wait until you hear my reasoning," Guilfoyle wrote.

"At seven-times forward-looking earnings, it becomes difficult for me not to see this a risk/reward proposition that does not favor the long investor," he continued. 

Second Place: AbbVie

His reasoning? AbbVie (ABBV) - Get Report is Undervalued.

Third Place: MasterCard

Consumer spending is strong, which means credit card spending--especially when using credit cards online--is strong. So, Mastercard (MA) - Get Report is a top pick. 

Fourth Pick: Exxon

"I recently swapped out of Chevron (CVX) - Get Report and into Exxon (XOM) - Get Report," said Guilfoyle.

And...Finally, In Fifth Place Is Citigroup

Guilfoyle notes that JPMorgan Chase (JPM) - Get Report is the "cream of the crop," but Citigroup (C) - Get Report is the bank he's got his eye on. 

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Editor Picks: What to Watch in 2020