Worried About the Market Crash? Buy This Dividend Stock in 2022
Early 2022 has not been kind to investors. Through Jan. 28, the S&P 500 was down 7% while the Nasdaq was down 12%. While both have recovered a bit, it could be a rocky ride this year. During times like this, it's important to have a diversified portfolio with some stable stocks that can help mitigate the market's volatility.
One company investors should consider is McCormick (NYSE: MKC). Year to date, McCormick is up a little over 3%. While that's nothing to write home about, it is handily beating the market so far in 2022. With a resilient business model and a growing dividend, McCormick is worth a closer look.
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Source Fool.com
