Worried About a Recession? Buy These 2 Top Dividend Stocks and Relax.
Investing doesn't have to be complicated, but it's not as simple as finding the next big thing, at least for most people. Long-term investing success requires a strategy that includes diversification, with a mix of different stock types that help grow your portfolio under good circumstances and shield it under worse circumstances. Only having growth stocks could be a risky allocation, especially when there are bear markets, crashes, and recessions.
Since these events are part and parcel of market cycles, it's important to invest in solid dividend stocks. If you're looking for a few reliable dividend stocks to anchor your portfolio if a recession is on the way, (NYSE: V) and American Express (NYSE: AXP) are two great choices.
There are all sorts of stock types, dividend being one kind, and even within dividend stocks, there are many different types. Some are high-yielding but come with high risk, while others are extremely reliable but may have a lower yield. Some dividend stocks are also reliable for stock growth, while others, not so much.
Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 48 Buy predictions and no Sell predictions.
With a target price of 281 € there is a slightly positive potential of 12.44% for Visa Inc. A compared to the current price of 249.9 €.