3 Large-Cap Stocks to Buy in October
While many investors like to talk about diversity in their portfolios, perhaps not enough attention gets paid to diversity within individual businesses. That's too bad; large businesses with multiple product lines are often safer, since if one business struggles, another segment can make up for it. Additionally, having multiple business lines under one roof allows for savvy marketing teams to cross-sell existing customers and bundle products.
In times of uncertainty, large-cap stocks are often safer due not merely to their size but also this diversity. Ironically, "pure plays" are often priced higher than diversified conglomerates these days. But if you're looking for rock-solid stocks to buy in the current recession, the following three offer the safety, growth prospects, and dividends you're looking for.
Large-cap stocks offer relative safety in uncertain times. Image source: Getty Images.
Source Fool.com
