I'd Double a Position in These 3 Dividend Stocks Right Now Without Any Hesitation
When quality goes on sale, it's time to back up the truck.
Overview
With the stock market trading sideways since the start of summer, concerns are running high about a possible near-term downturn. Rather than exiting the market, consider leaning into defensive names.
Blue chip dividend stocks are a prime example. These durable, high-quality businesses provide steady cash payouts each quarter, all while leaving the door open for long-term price appreciation.
Details
Among dividend stocks in this category, a few stand out as strong opportunities right now: AbbVie (NYSE: ABBV), Chevron (NYSE: CVX), and PepsiCo (NASDAQ: PEP).
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.