Is the Stock Market Going to Crash? Who Knows? That's Why I'd Own This High-Yield Dividend Stock.
If you're like most investors, you love the market's long-term upside. You just don't want to suffer its occasional (and sometimes painful) setbacks. Problem? You don't know when crashes are coming. The best you can hope for is minimizing their misery once they arrive. And the best way to do that is by being properly positioned before big pullbacks take shape.
With that as the backdrop, there's one name in particular I'd consider owning now just in case a market crash is looming. That's Annaly Capital Management (NYSE: NLY).
Never heard of it? Don't sweat it. You're not alone. It's not exactly a household name, and with a market cap of only $10 billion, it's not like it garners a great deal of the financial media's attention.
Source Fool.com