2 Safe Dividend Stocks to Buy Hand Over Fist
The stock market has been fairly volatile over the past three years, which isn't surprising given the worldwide crises we have experienced. Further, the economy continues to face challenges, such as high inflation and the possibility of a coming recession. It might be tempting to give up on investing in stocks in this environment.
But an alternative strategy is to purchase shares of safe companies that generate steady revenue and profits and offer solid dividends. Such stocks can help investors navigate almost any market downturn. Let's look at two that fit the bill: Johnson & Johnson (NYSE: JNJ) and AbbVie (NYSE: ABBV).
Johnson & Johnson is one of the largest healthcare companies in the world, and typically generates higher sales than most other pharmaceutical peers. The drugmaker boasts a rich roster of medicines in various areas, such as immunology, oncology, infectious diseases, neuroscience, and more. And J&J routinely expands its lineup thanks to a deep pipeline.
Source Fool.com
