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.