Identifying High ROE Stocks Amidst Market Strength

Investors can benefit from "cash cow" stocks with high return on equity (ROE), which indicates the company's ability to reinvest cash at a high rate of return. Arista Networks, Corning, Banco Bilbao Vizcaya Argentaria, TJX, and TE Connectivity are some stocks with high ROE to consider. The broader equity market is trading in record territory, driven by a tech rally and the Fed's decision to keep interest rates unchanged.