Want to get the most out of an investment account in retirement? Take a look at CVS Health, Verizon Communications, and General Motors.
It is challenging for older investors to find reliable,
income-paying stocks that trade at cheap valuations. The reason? Stable
businesses with the ability to churn out a stream of growing dividend payments
rarely go on sale. Every once in a while, though, a few of them fall out of favor,
providing an opportunity to buy in at a good price.
So we asked our contributors if they see any stocks on sale
today that would fit nicely in a senior citizen's portfolio. They came up with
three: CVS Health (NYSE:CVS), Verizon Communications (NYSE:VZ), and General
Motors (NYSE:GM). Here's a look at why they are well suited for retirement
accounts.
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