2 Stocks That Are Like Insurance for Your Portfolio
No one can guarantee a certain stock will rise. But there are some companies that have what it takes to make us very optimistic about their future share performances.
These companies have track records of revenue and profit, prospects for future growth, and loyal customers. We can consider their shares sort of like insurance for our portfolios. That's because, over time, the growth of these companies should lead to strong stock performance.
There are two consumer-goods companies that easily fall into this category. One has managed to grow its audience and revenue throughout the pandemic, while the other has seen its stock rise so much in recent years that it's planning on a stock split. Let's check out the two popular names that can protect your portfolio over the long run.
Source Fool.com
