These 3 Stocks Are Safe Bets in the Event of a Market Crash
It's a scary feeling to witness share prices crashing. This year has been turbulent as the technology-heavy Nasdaq Composite Index and bellwether S&P 500 Index both enter a bear market. Such declines highlight the importance of fortifying your investment portfolio with dependable stocks that will allow you a good night's sleep.
Such stocks have characteristics that enable them to remain resilient when confronted with the highest inflation in four decades along with the specter of a recession. Important attributes include a strong and recognizable brand name that boasts a large group of loyal customers, a track record of growing dividends, and a history of surviving through challenging conditions. These traits ensure that these stocks qualify as safe bets even when the market dives.
Here are three such stocks that you can consider for your investment portfolio.
Source Fool.com
