3 Unstoppable Stocks to Buy in a Bear Market
It may sound silly, but companies are kind of living, breathing beings with the employees acting like individual cells in a body. And some companies are just foundationally different and better than their peers because of the way they are run over time. It's in their DNA, if you will. Sure, fortunes ebb and flow, but on the whole these strong businesses are always still striving to improve.
That's why it's only in bear markets that you tend to get a good deal on the shares of Nucor (NYSE: NUE), Procter & Gamble (NYSE: PG), and Hormel (NYSE: HRL). Let's take a closer look at these companies and why they're so well-run.
Nucor's long-term success is best highlighted by the fact that it has increased its dividend annually for 48 consecutive years. That makes it a Dividend Aristocrat, a highly elite collection of companies. What's fascinating here is that Nucor makes steel, which is a highly cyclical industry. That puts an even more impressive spin on its dividend record.
Source Fool.com
