3 Dividend Stocks for Retirement
Investing in retirement can be very different than investing early in life. Priorities may transition from growth to cash flow, and investors may want to avoid some high-risk industries altogether, putting a premium on preserving capital. We asked three of our investors for their top stock picks for retirement, and GameStop Corp. (NYSE: GME), SYSCO Corporation (NYSE: SYY), and NextEra Energy Partners LP (NYSE: NEP) made the list for some surprising reasons.
Image source: Getty Images.
Rich Smith: (GameStop): I'm going to offer up an unlikely pick today: GameStop. I admit it's an unusual pick to suggest for retirees. Most folks retiring today probably got their first exposure to video gaming when they bought an Atari console for their kids back in the late '70s. They won't be too familiar with the current retail gaming scene, or with GameStop, the world's biggest retailer of video games.
Source: Fool.com
Nextera Energy Inc. Stock
Currently there is a rather positive sentiment for Nextera Energy Inc. with 3 Buy predictions and 0 Sell predictions.
With a target price of 89 € there is a positive potential of 26.03% for Nextera Energy Inc. compared to the current price of 70.62 €.
