In Your 60s? 3 Stocks You Should Consider Buying
In your 60s, wealth accumulation becomes less important than safety. As you approach retirement, you're probably focusing on the next financial stage: living off of your nest egg. It means you begin to view your investments in a vastly different way, with dividends and financial strength suddenly taking on outsized importance. If that sounds like you, three stocks you should consider buying today are Enterprise Products Partners L.P. (NYSE: EPD), Duke Energy Corp (NYSE: DUK), and, believe it or not, International Business Machines Corp. (NYSE: IBM).
Enterprise Products Partners is one of the largest players in the oil and natural gas midstream business. This industry helps to move these vital energy sources from where they're pulled from the ground to where they get used. Unlike drilling for oil and gas, the midstream business is largely fee-based. So the demand for oil and gas is more important than the price.
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Source: Fool.com
International Business Machines Corp Stock
With 16 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 183 € shows a slightly positive potential of 3.67% compared to the current price of 176.52 € for International Business Machines Corp.
