"High-quality stocks bought at historically low-price-to-high-yield offer the best potential for downside protection and upside appreciation," says Kelley Wright, editor of IQ Trends.
"Our 'Timely Ten' list is our reasoned expectation based on our methodology and experience for what we believe will perform best over the next five years. Do we believe that all 10 will go up simultaneously or immediately? Of course not.
"Our four decades of research and experience, however, leads us to believe that these stocks, purchased at current Undervalued levels, are well positioned for both growth of capital and income.
"Whether you are looking to build a portfolio from scratch, are partially invested and looking to add new positions, or fully invested and in need of some affirmation and hand holding, The Timely Ten represents our top tenr recommendations at a given time.
"The Timely Ten consists of undervalued stocks that generally have a S&P Dividend & Earnings Quality rating of A- or better and a track record for exemplary long-term dividend growth.
"In addition, we look for a P/E ratio of 15 or less, a payout ratio of 50% or less, debt of 50% or less, and technical characteristics on the daily and weekly charts that suggests the potential for imminent capital appreciation.
"Our current Timely Ten and there current yield are:
Abbott Labs (NYSE: ABT) -- 3.5%
Coca-Cola (NYSE: KO) -- 3.3%
Johnson & Johnson (NYSE: JNJ) -- 3.3%
United Technologies (NYSE: UTX) -- 2.6%
Chevron (NYSE: CVX) -- 3.9%
CVS Caremark (NYSE: CVS) -- 0.8%
Philip Morris Int'l (NYSE: PM) -- 4.8%
Nike, Inc. (NYSE: NKE) 33% -- 1.8%
PepsiCo, Inc. (NYSE: PEP) -- 3.2%
Becton, Dickinson (NYSE: BDX) -- 1.9%
