4 Reasons to Buy This Dividend Aristocrat Today
Despite numerous market corrections during my investing career, I have been able to go about my life and not panic at the market's volatility. That's because my portfolio is made up of stocks that tend to hold up better than the broader market in periods of elevated stress.
A core holding in my portfolio that has made this possible is the supplemental insurer Aflac (NYSE: AFL). For example, while the S&P 500 index has fallen 9% year to date on news of increasing inflation and economic turmoil related to Russia's invasion of Ukraine, Aflac's stock has actually risen 5% so far in 2022. Despite Aflac's recent strong price performance, the stock is still a buy for investors seeking stability in a market currently fraught with uncertainty.
Here are four reasons why Aflac is a good buy right now.
Source Fool.com
