Some stocks may seem like bargains when they're really duds. Here's how you can find stable, defensive stocks that might provide market-beating returns. You can start with these nine high-quality stocks that should do well for buy-and-hold investors.
When IBM raised its buyback authorization by $10 billion on Oct. 26, it was the 259th company to announce repurchase plans in October alone. Citi Investment Research says a long-term trend of rising buybacks has only just begun.
Defense contractor Lockheed Martin posted higher fourth-quarter earnings that exceeded expectations, boosted by sales of its fighter jets and satellite systems. The earnings per share results, however, were boosted by a share buyback.