3 Stocks to Add to Your Portfolio in a Market Pullback
There's nothing wrong with an investor being defensive-minded, especially in the current economic environment filled with worries about inflation, recession, and more. It's a good time to seek out steady companies that can continue to do well during market pullbacks.
General Mills (NYSE: GIS), Lowe's (NYSE: LOW), and CVS Health (NYSE: CVS) are three good examples. All have dividends with yields above 2%, and have outpaced the S&P 500 over the past three years. Let's take a closer look at each one.
General Mills is an iconic name on grocery store shelves. The food company makes everything from Cheerios to Green Giant vegetables to Blue Buffalo dog food. While its brands may be familiar, you may not know how strong the company's business is. It just finished fiscal 2022, its fifth consecutive year of improved revenue and third consecutive year of improved annual earnings per share (EPS).
Source Fool.com
