5 Stocks Dad Will Love

Companies with dad-friendly products also make good investments.

With Father’s Day around the corner, it’s time to focus on dad. Sure, the holiday will temporarily boost sales of ties, electronics, golf equipment and power tools as families buy gifts for the man of the house. But more broadly, companies that cater to dad’s tastes can make great investments. We’ve identified five stocks with prospects any dad will appreciate.

Guys love gadgets, and there is arguably no better gadget maker than Apple (symbol AAPL). Even diehard users of Windows-based personal computers recognize that Apple, with its iPods, iPhones and iPads, has created a network of slick tech gear that’s hard to beat. Morgan Stanley predicts that Apple will sell 16 million iPads, which debuted in April, in the tablet computer’s first year on the market. That number would surpass the more than six million iPhones sold in the smart phone’s first year. Beyond its handheld devices, Apple’s Macintosh computers continue to take market share from PC makers.

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Contributing Editor, Kiplinger's Personal Finance