3 Resilient Stocks to Help Solidify Your Portfolio

Let's face it: The market has been pretty tough so far in 2022. Year to date, the S&P 500 is down 7%, and the Nasdaq has dropped 16%. Drops like we've seen this year are completely normal and part of the regular cadence of long-term investing. That said, it never feels good to see a portfolio full of red.

In times like this, it helps to have some anchor positions in your portfolio. Strong, established, resilient companies will still see ups and downs along with the broader market, but owning some of these stalwarts can blunt the impact of larger market movements. Let's take a closer look at three companies that can help solidify your portfolio.

Image source: Getty Images.

Continue reading


Source Fool.com