Investment bonds, a new breed of high-quality stock that’s gaining popularity, are on a tear.
Investors are buying them because of their low costs and low risk.
Investment bonds have a high yield of around 3%, compared to the 10% that many bonds are offered on the open market, according to a report by JPMorgan Chase.
That means they’re much less expensive than bonds that typically trade at more than 10% annual yield.
The best stocks investors can buy now include companies like UnitedHealth Group, American Airlines, IBM and Coca-Cola.
But they’re also available in a few other categories, like telecommunications, energy, health care and education.