The 3 Safest Stocks to Buy With Your Stimulus Money
It's not often that you get a Christmas gift from Uncle Sam. Now that a $600 stimulus check could be on the way, it's a great time to pick a few stalwart stocks to shore up your portfolio's long-term value. Of course, that's assuming all your bills have been covered and your emergency fund is secure.
In my view, companies that have strongly recurring revenue tend to be safe investments. But safer still are companies that have a track record for revenue-bearing innovation that allows them to consistently grow over time.
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Source Fool.com