In general, broader markets including the S&P 500 index traded down after Labor Day. But with markets flagging and volatility likely to rise, it does make sense to look toward the less risky areas of the stock market. That’s precisely why dividend stocks make sense now: They are designed to carry low price volatility with upside provided in reliable dividend income.
So, there’s a short-term catalyst for dividend stocks in general, but these are also equities to buy and hold forever. I’m not sure how long an investor can define “forever” as being, but I’d say at least a decade. I believe the stocks below have the ability to remain attractive for at least that long. They’ll grow with the market and provide investable dividend income as well: Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM), Lockheed Martin (NYSE:LMT), Johnson & Johnson (NYSE:JNJ), McDonald’s (NYSE:MCD), Apple (NASDAQ:AAPL) and PepsiCo (NYSE:PEP).
Source: NASDAQ
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Posted by D4L | Tuesday, December 14, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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