Got $1,500? You Can Confidently Add These 3 Stocks to Your Portfolio
There's a lot of uncertainty in the world today. Higher interest rates have many investors growing worried that the economy could slow down considerably over the next year and potentially experience a recession. On top of that, there's increasing global geopolitical tension and an upcoming presidential election. These unknowns are likely making many investors feel less confident.
However, instead of sitting on the sidelines, you can confidently invest in stocks that should have no problem navigating the current uncertainty. Southern Company (NYSE: SO), Johnson & Johnson (NYSE: JNJ), and Williams (NYSE: WMB) offer investors a compelling combination of visible growth and attractive dividend income, and they trade at a low valuation. You can confidently invest idle cash into this trio right now.
Southern Company is a low-risk investment. The utility generates very predictable cash flow backed by stable demand and government-regulated rate structures. That gives it the cash to pay an attractive dividend yielding 4%, meaning it can turn a $1,500 investment into $60 of annual dividend income.
Source Fool.com
