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McKinney Today
By the People, for the People
5 Stocks With High ROE to Bet on as Oil Price Volatility Hits Markets
ROST, GL, AVGO, CL and TEL emerge as top bets as oil volatility shakes markets, spotlighting cash-rich firms built to deliver stronger returns.
Mar. 18, 2026 at 9:40am
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After a tumultuous past week, the broader equity markets witnessed an uptrend yesterday as oil prices cooled with the U.S. administration allowing Iranian oil tankers to pass safely through the Strait of Hormuz. As tensions escalated and spread into the neighboring countries, crude oil prices soared to as high as $120 a barrel, sending shockwaves throughout global bourses. This forced the International Energy Agency to release one of the largest oil reserves to stem the oil price volatility. As investors employ a wait-and-see approach, they can benefit from 'cash cow' stocks that garner higher returns, such as Ross Stores, Inc. (ROST), Globe Life Inc. (GL), Broadcom Inc. (AVGO), Colgate-Palmolive Company (CL) and TE Connectivity plc (TEL).
Why it matters
The oil price volatility has shaken global markets, forcing investors to look for cash-rich stocks that can deliver stronger returns. Identifying such stocks with high return on equity (ROE) can help investors navigate the uncertain market conditions.
The details
ROE is a key metric that helps investors distinguish profit-generating companies from profit burners and determine the financial health of a company. A high ROE ensures that the company is reinvesting cash at a high rate of return. The screening parameters used to shortlist the stocks include cash flow greater than $1 billion, ROE greater than industry average, price-to-cash flow ratio lower than industry average, return on assets greater than industry average, and 5-year EPS growth greater than industry average.
- On March 18, 2026, the broader equity markets witnessed an uptrend as oil prices cooled.
The players
Ross Stores, Inc.
An off-price retailer of apparel and home accessories, offering in-season, branded and designer apparel, footwear, accessories and other home-related merchandise.
Globe Life Inc.
A holding company for a group of insurance companies that primarily market individual life and supplemental health insurance to lower-middle to middle-income households throughout the United States.
Broadcom Inc.
A company that develops a broad range of semiconductor solutions for enterprise and data center networking and home connectivity, as well as for set-top boxes, telecommunication equipment, smartphones and base stations, and data center servers and storage systems.
Colgate-Palmolive Company
A global leader in the oral care hygiene market, producing and distributing household, healthcare and personal care products.
TE Connectivity plc
A global technology company that designs and manufactures connectivity and sensor solutions for a wide range of industries, including automotive, aerospace, defense, energy and medical.
The takeaway
The oil price volatility has highlighted the importance of investing in cash-rich stocks with high ROE, as they are better positioned to navigate the uncertain market conditions and deliver stronger returns to investors.
