For investors with patience & cash: 6 large-caps with strong balance sheets & big TAM; and an upside potential of more than 24%

At this point of time, the street is dealing with confusion more than anything else. Why confusion? Because valuations are not cheap, although the macro fundamentals are all fine. Earnings, however, are not improving at a pace at which the market would have liked. One way to deal with this confusion is to think long term and look at companies with strong balance sheets and large markets that will give them a certain amount of growth even in a downturn. Remember: All industries periodically face rough weather. But strong companies with good managements have the ability to weather the storm. And when the street is not looking at them, it is a good time for you to look at them.