Down 24% to 51%, These 3 Top Dividend Stocks Are Coiled Springs for When Economic Growth Returns
Lower consumer spending, high inflation, rising interest rates, geopolitical tensions -- the list of economic headwinds besetting the stock market goes on and on. Being bearish is in style, and the price action of the broad-market indexes certainly reflects that.
While investors shouldn't rule out the chance of a prolonged recession, it's also important to remember that economic cycles are simply par for the course when it comes to long-term investing. Economic growth looks unlikely in the short term, but one day, the cycle will shift again.
For patiently optimistic investors looking for bargains, FedEx (NYSE: FDX), Carrier Global (NYSE: CARR), and Air Products and Chemicals (NYSE: APD) stand out as three dividend stocks worth considering now as the companies are poised to benefit when the economic tide turns.
Source Fool.com
