My 3 Favorite Dividend Stocks to Buy in October
Pivot away from big tech with these three blue chip dividend stocks.
Overview
As the stock market remains near record highs, primarily because of a possible artificial intelligence (AI) bubble, going defensive can keep you in the market while at the same time lowering your exposure to possible turbulence ahead.
For this "defensive pivot," consider focusing on blue chip dividend stocks -- players that offer a mix of above-average yields, dividend growth track records, and potential upside from company-specific catalysts. Cycling into such names today could appear very shrewd in hindsight.
Details
Among the stocks in this category, Chevron (NYSE: CVX), McDonald's (NYSE: MCD), and PepsiCo (NASDAQ: PEP) are three favorites of mine heading into October.
Source
Originally published at www.fool.com.