4 Safe Stocks to Buy and Hold for the Next 4 Years
Election Day has arrived, and Wall Street is clearly worried. For roughly the past week, stock market volatility has picked up in a big way, with investors debating what lies ahead for the U.S. economy over the next four years.
These worries are largely unfounded. Although the stock market has historically performed better with a Democrat in the White House over the past 75 years, both parties have overseen healthy annualized gains in equity valuations. Since operating earnings growth, not a temporary shift in fiscal policy, leads to valuation expansion, high-quality businesses should perform just fine no matter which political party wins.
With that said, here are four safe stocks you can buy right now and comfortably hold for the next four years, regardless of who's president or what party controls Congress.
Source Fool.com
