2 Dividend Stocks That Had a Record Year and Are Just Getting Started
For an economy that was bouncing back after the pandemic lockdowns, 2021 saw a surge in what economists were calling "revenge shopping." Consumers emptying their wallets in a spasm of excess led many companies to have banner years.
This year is a bit different. Inflation running at rates not seen in 40 years, gasoline prices at levels never seen before, persistent supply-chain problems, rising interest rates, and a slowing housing market are all an onslaught of data points suggesting a recession is on its way.
That doesn't mean investors should run and hide -- quite the opposite, in fact, since stock valuations have been slashed in 2022. Amid market worries over consumers starting to pinch pennies, more than a few consumer-oriented businesses have been taken down a peg or two, which presents investors with opportunity.
Source Fool.com
