It hasn’t been a very impressive start to 2013, as the S&P 500 Index — albeit at all-time highs — finished up just shy of 1.3% for the first quarter.
That’s to be understood. Given the amazing 30% run for the benchmark last year on renewed optimism for both the U.S. economy and for Europe, a cooling-off was likely. Furthermore, the Federal Reserve has begun to “taper” its loose monetary policy, and that has had a modest impact on global growth.
There’s also cooler growth rates in China as the region looks to move beyond its old emerging market model of manufacturing and into a 21st-century service economy.
And let’s not forget the ugly situation in Ukraine that could disrupt energy supplies in Europe if harsh Russian sanctions are enacted.
Still, even with this choppy backdrop, there are plenty of places to profit if you know where to look.
Here are the 10 best stocks in the S&P 500 right now, all of which have tacked on an impressive 24% or more YTD in 2014: