UTX, Lowe's and Apple Heading Higher Says Markets Strategist

The bull-run may have taken a pause, but it is far from over. That's good news for stocks like United Technologies, Lowe's and Apple.
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The bull-run may have taken a pause, but it is far from over. That's good news for stocks like United Technologies , Lowe's (LOW) - Get Report and Apple (AAPL) - Get Report , said Kate Warne, investment strategist at Edward Jones. 'Stocks paused over the past 18 months and now are regaining strength. In the past the S&P 500 was up 18 percent in the year following an 18-month pause,' said Warne, adding that the impact of Brexit has been less than expected and rates likely to stay low as Fed continues to be in no hurry to move. Warne said United Technologies, up 12 percent so far in 2016, has solid opportunities ahead in global infrastructure, improving energy efficiency and aerospace, where it has a solid backlog. Restructuring should improve profitability.