2 High-Yield Dividend Stocks to Buy and Hold for a Decade
Don't wait until they recover to initiate positions.
2 High-Yield Dividend Stocks to Buy and Hold for a Decade
Overview
Amid the largest IPO in history, which we recently witnessed, and the booming artificial intelligence industry that continues to show highly attractive prospects, there remain serious economic and geopolitical tensions that could eventually significantly cool much of the excitement on Wall Street. Inflation is on the rise, some economists continue to warn that a recession may be coming, and although the United States and Iran seem to be working toward a deal, it remains hard to predict how that situation will evolve.
In the current environment, it is a good idea to consider investing in dividend stocks. They may not be particularly "exciting" choices right now, but solid dividend payers can help stabilize a portfolio in case the going gets rough and smooth out market losses in a downturn. With that said, let's consider two excellent dividend stocks that are worth investing in right now: Pfizer (NYSE: PFE) and Medtronic (NYSE: MDT). Both healthcare leaders could deliver competitive returns through the next decade.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
