Worried about recent market volatility? These seven stocks will help calm your nerves.
Most investors can accept that the market often tanks right
around Halloween, but December is supposed to be a cheerful time of year! It
doesn’t appear we’re getting a Santa Claus rally after all. Value, growth,
dividend stocks — everything is on edge.
While the American economy remains robust, other headwinds
are causing investors to panic. Causing perhaps the most concern, the new
Federal Reserve Board Chair — Jerome Powell — seems inclined to keep hiking
interest rates regardless of what markets do. That is in stark contrast to Ben
Bernanke and Janet Yellen, who would always back off whenever markets showed
weakness.
On top of that, trade war problems are continuing to mount.
We’re seeing increasing cost pressures in this earnings season.
Add it all up, and things are starting to get tense. That
leaves investors wondering where they can go for safety.
After years of tech outperforming everything, earnings
misses from Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN) and
numerous semiconductor companies have people bailing on growth as well. That
leaves safe-haven dividend stocks as a more favorable alternative. Here are
seven worth taking a look at today.
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