Despite Market Swings, These 5 Big-Cap Stocks Are Still In Buy Range

The post election stock rally has injected significant volatility into the market, with some big names shooting through buy zones while others have tumbled back down. But General Electric (GE), IBM (IBM), United Technologies (UTX), DuPont (DD) and Comcast (CMCSA) remain in buying territory as 2017 begins.

GE stock cleared a 31.59 buy point early in December and has stayed in the zone since, except for a brief dip below that level. The industrial conglomerate has largely shed its finance unit and stands to gain from an expected infrastructure spending package as well as any boost to GDP that it produces.

IBM topped a 161.96 entry in late November and also has stayed in buy range but for a brief wobble in early December. Ahead of a meeting between President-elect Donald Trump and top tech leaders on Dec. 14, CEO Ginni Rometty said IBM plans to hire 25,000 people in the U.S. and invest $1 billion over the next four years.

United Tech decisively moved above its 109.52 buy point in early December and has largely stayed there since. The diversified manufacturer's Carrier unit reversed plans to close an Indiana plant, helped by state incentives and expectations that Trump and the GOP Congress will lower corporate taxes.

DuPont broke out at the end of November and edged just above buying territory, but then returned back to the zone. CEO Ed Breen has said the incoming administration is unlikely to affect its merger with Dow Chemical (DOW), which would create a behemoth in seeds and crop protection.

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