3 Stocks You Can Safely Own No Matter What the Market Does
It's been a while since we have seen a draw down in the broader market -- 272 days since the last 5% decline as of Wednesday, to be precise. This kind of market can lull some investors to sleep, thinking that their investments will go nowhere but up. That isn't the case, though, and it always helps to have some companies in your portfolio that will do well no matter the state of the market.
So we asked three of our investing contributors to each highlight a stock that investors can own through the vacillation of the market. Here's why they picked Waste Management (NYSE: WM), American Water Works (NYSE: AWK), and Amazon.com (NASDAQ: AMZN).
Image source: Getty Images.
Source: Fool.com
Waste Management Inc. Stock
€187.96
-1.570%
Currently there is a rather positive sentiment for Waste Management Inc. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 215 € shows a slightly positive potential of 14.39% compared to the current price of 187.96 € for Waste Management Inc..
