3 Great Income Stocks That Retirees Should Love
Most Americans don't have to wait until they're retired to know that Social Security benefits won't be enough to maintain their current lifestyle. If they pay any attention to retirement planning advice, they know they will need other sources of income as well. Investing in dividend stocks is one great way to generate additional income.
Three Fool.com contributors were asked to discuss some great income stocks that they think retirees should love. They picked (NYSE: ABBV), Johnson Johnson (NYSE: JNJ), and Pfizer (NYSE: PFE). Here's why.
Keith Speights (AbbVie): There's no question that AbbVie is entering into a new era in its history. The big drugmaker can no longer depend on Humira to generate solid growth. Sales are declining for the blockbuster autoimmune-disease drug as it faces competition from biosimilars.
Source Fool.com
AbbVie Inc. Stock
With 22 Buy predictions and not a single Sell prediction AbbVie Inc. is an absolute favorite of our community.
With a target price of 175 € there is a slightly positive potential of 14.32% for AbbVie Inc. compared to the current price of 153.08 €.
