This Safe Stock Is Dirt Cheap -- and It's Beating the Market
If your portfolio is hurting from the latest downturn in the market, you're not alone in wishing for a secure place to park your money while riding out the chaos. The giant French drugmaker Sanofi (NASDAQ: SNY) isn't exactly an obvious candidate for a stock that's likely to beat the market, but its total return of around 8.5% this year is undoubtedly superior to the market's losses of more than 15.4%.
What's more, it's profitable, growing, and it pays a dividend to boot. Let's take a peek at Sanofi to appreciate why it could be a great pick for the more conservative portion of your holdings.
Image source: Getty Images.
Source Fool.com
