Got $5,000? These 2 Low-Risk Growth Stocks Also Pay Dividends
Do you have $5,000 you can afford to invest, but don't want to take on a ton of risk? Do you want to put that money into a decent growth investment that also pays dividends? Although that may seem like a lot of criteria for one stock to meet, there are a couple of solid blue chips that offer all of them.
Thermo Fisher Scientific (NYSE: TMO) and Apple (NASDAQ: AAPL) are robust businesses that are highly profitable and likely to grow. And although their yields aren't high, they have been boosting their dividend payments.
Thermo Fisher Scientific is a large healthcare company that is involved with life sciences and diagnostics, making laboratory products and analytical instruments. And it continues to get bigger, in part through mergers and acquisitions. It has been involved in more than 60 of them. One of the largest buys was its $17.4 billion purchase of PPD, which provides clinical research services to biotech companies, in 2021.
Source Fool.com
