If You're Retired, Consider Buying These 3 Stocks

Lacking a flexible investing time horizon that stretches into several decades, retirees tend to favor stable businesses with long track records of sales and earnings growth. Hefty dividend yields are helpful, too, since they can cushion returns from volatility while providing a steadily growing source of income.

There aren't many stocks that meet those strict criteria. But McDonald's (NYSE: MCD), Kimberly-Clark (NYSE: KMB), and Home Depot (NYSE: HD) all fit the bill. Read on to learn why they could make good long-term investments for those at or near retirement.

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Source: Fool.com