3 Soaring Stocks to Hold for the Next 20 Years
Things can happen fast on Wall Street. Investors recently switched lanes from inflation concerns to outright recession fears after a stream of weak economic data followed the Federal Open Market Committee's (FOMC) decision to hold interest rates steady until September. While nobody knows what the market or the economy will do in the future, volatility returned to the markets and could make things a bit bumpy over the coming months.
Investors began flocking to defensive investments, including stocks of recession-resistant businesses.
These three blue chip stocks should perform better than most in a volatile market. They pay great dividends and have durable long-term growth prospects.
Source Fool.com
