The Experts Say You Should Buy These Stocks. So Should You?

Service Corporation International (NYSE:SCI)

You probably never heard of Service Corporation International (NYSE:SCI) and for good reason. They are in the funeral services business. And while it might not seem like this is a place to invest your money, you are wrong. The experts say this stock is a buy and I agree with them.

First off, the United States has an aging population. Currently 16% of the population is 65 or older. Another 20% is age 50-64. In other words, the demand for funeral services will continue to rise as the years go by.

And because of the size of the baby boomer population, many are making purchases now to save on costs. Any basic economics class will tell you that when demand rises, so does price. As a result, Service Corporation International (NYSE:SCI) has been able to increase prices, which added close to $2 million to its bottom-line in the recent quarter.

Going one step further, most funeral parlors are still mom-and-pop owned. The opportunity is there for Service Corporation International (NYSE:SCI) to expand into newer markets by purchasing these smaller funeral parlors and increase revenue this way as well.

Intel Corporation (NASDAQ:INTC)

Intel Corporation (NASDAQ:INTC) is the world’s largest chip manufacturer. And with more and more devices having computer chips, there won’t be any decline in Intel’s business even though less people are buying personal computers. For this reason, the experts feel that Intel Corporation (NASDAQ:INTC) is a buy.

I agree completely. As stated, many forms of new technology now include computer chips, including phones, tablets and even washing machines. And as we demand faster results and smaller devices, Intel Corporation (NASDAQ:INTC) will continue to create more robust chips.

While the stock trades at 20-times earnings, it is still cheap given that sales increased by 19% last quarter.

Final Thoughts

So far, the experts and I agree on 3 of the 4 stock picks and you should buy these stocks. It’s important you take all of the information you have to decide whether or not you agree with us or disagree. As I said at the beginning of this post, you cannot just blindly follow the experts thinking they are right all of the time.

The truth is they are wrong more often than not, so you are best served by getting ideas from their top picks and do further research to make the final decision.

This author has no positions in any stock mentioned and does not plan to open any positions in any stocks mentioned for at least 72 hours after publication of this article.