3 Stocks to Help You Build Retirement Wealth
The U.S.-China trade war, the COVID-19 pandemic, and unrest across America are likely causing retirees to wonder if their retirement portfolios can withstand all the macro headwinds. However, three resilient stocks -- Johnson & Johnson (NYSE: JNJ), Broadcom (NASDAQ: AVGO), and Target (NYSE: TGT) -- should generate consistent returns in this volatile market.
Let's find out a bit more about them and how they can help you build weath and fund your retirement.
Johnson & Johnson is one of the largest makers of pharmaceuticals, medical devices, and consumer healthcare products in the world. It pays a forward dividend yield of 2.8%, it's raised its dividend annually for over half a century, and it generated a total return of nearly 500% over the past 20 years -- making it a great stock to buy, hold, and forget for most retirees.
Source Fool.com
