In making your selections at year end, it is well to be cautious. Bernard Baruch once spoke of capitalism as being very frightening, and it is. When prices start down, capitalism in theory should destroy itself by going to nothing, Along the way Baruch observed that people realize they have to eat. Therefore they get to work. The creation of wealth builds up from that point on.
Confidence builds more slowly than fear and panic.
I began my investment career in March 1931 about the time a Democratic Congress took over. The Dow Jones Industrials were at approximately 200 and reached 41 in 1932 before the presidential election. I was in a position that let me see on a world scale how important politics are in both the destruction and confidence phases of a business cycle. World War 11 followed in 1939. Economics and investment play their part and mediocrity is dangerous.