Determining what kinds of stocks are best suited for retirees isn't hard at all. The best stocks for retirees are those of companies that have solid and sustainable business models and that distribute a nice dividend. And if they also have strong growth prospects, that's even better.
Picking the best stocks that meet all those criteria isn't quite as easy. It's not an impossible task, however. I think Brookfield Infrastructure Partners (NYSE: BIP), Digital Realty Trust (NYSE: DLR), and Public Storage (NYSE: PSA) definitely fit the bill. Here's why these are three great stocks for retirees.
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Source: Fool.com