Dividend Stocks For Diversify

One of the best strategies for beating the market is having a diversified portfolio. Think about it: If you invest in only one area, say technology, and the technology sector takes a hit, your portfolio is going to suffer as well. However, if you have a diversified portfolio, one sector can take a hit while the others continue to grow, thus growing your pocketbook. Let's consider three dividend-paying companies that would make a great addition to your watchlist, and help you diversify your portfolio.

Bring on the soda with: PepsiCo (PEP), Coca-Cola (KO) and Pepper Snapple (DPS). Give your portfolio some defense with: Northrop Grumman (NOC). Can't go wrong with these utilities: National Grid (NGG), Duke Energy (DUK) and American Electric Power (AEP). Unfortunately, there is no guaranteed way to know how a company will do in the future, but by diversifying your portfolio, your chances of success greatly improve.

Source: Motley Fool

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