3 Tech Dividend Stocks to Weather a Potential Stock Market Crash
Recent record highs in the Nasdaq have led some stockholders to renew their worries about an impending market crash. While those with a long-term investing mindset are less concerned about periodic stock price corrections, having some concern about the potential is natural for tech investors, especially since past crashes hit that particular sector hard.
One way to guard against taking a big hit is to diversify your portfolio and that dividend stocks tend to offer some stability in such times. If you are tech-focused you should know that the technology sector has increasingly embraced dividend payouts.
Should a market crash scenario come to pass, investors may want to diversify their portfolios now and consider adding Broadcom (NASDAQ: AVGO), Hewlett Packard Enterprise (NYSE: HPE), and Verizon (NYSE: VZ) stocks for their substantial income streams and stable business models. Let's take a closer look at these three tech dividend stocks.
Source Fool.com