Looking for a Dividend Stock That Can Weather a Downturn? Start With Johnson & Johnson.
Even in a recession, there's strong demand for J&J's myriad of pharmaceutical and healthcare products.
Overview
When considering defensive dividend stocks, the healthcare sector is a great place to look. After all, even during a recession, people need medicine and surgery, and there's always a need for medical breakthroughs.
However, among stocks in the recession-resistant healthcare sector, one in particular stands out as a blue chip dividend to buy and hold for the long run: Johnson & Johnson (NYSE: JNJ).
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Details
Source
Originally published at www.fool.com.
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