Value stocks are generally defined as those that trade for attractive valuations relative to their peers. They also tend to be stable and well-established companies, which makes many value stocks excellent choices for retirees. With that in mind, here are two value stocks our Foolish investors think retirees should take a closer look at: AT&T (NYSE: T) and Vista Outdoor (NYSE: VSTO).
Matt Frankel (AT&T): AT&T is perhaps my all-around favorite stock for retirees, and since the stock has dropped 16% in 2017 and now yields more than 5.5%, it could be a smart time for income-seeking investors to add it to their portfolio.
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Source: Fool.com