3 Dividend Stocks You Can Safely Hold for Decades
When the market heads toward the bear, investors tend to look for safe stocks that they can set and forget. That's a good strategy, and you only need to take a look at how growth stocks have been faring over the past few months to see that play out in reality.
Dividend stocks are often some of the safest stocks you'll find. They're typically mature and established with demonstrated capabilities to grow. They also provide income. Coca-Cola (NYSE: KO), Realty Income (NYSE: O), and Home Depot (NYSE: HD) are three of the best dividend stocks to hold forever.
Coca-Cola has emerged from the pandemic as a more efficient, better-focused company, and it's stronger than ever. The pandemic exposed its vulnerable away-from-home category, and it met the challenge by strengthening its unparalleled distribution system and stepping up its at-home category. Now that the stay-at-home phase has mostly passed, the company is seeing volume increases across the board and rising sales despite inflation.
Source Fool.com
