3 Great Stocks for Your IRA

An individual retirement account (IRA) can be an important piece of your retirement plan, but you need to invest in the right stocks to make the most of the account. A few different factors about your personal situation will determine which stocks are perfect for your IRA. Your age and risk tolerance dictate how you should balance growth, stability, and dividend income. Roth and traditional IRAs have different tax treatments, which also influence the stocks that are perfect for either type of account.

The three stocks covered below provide a combination of high growth rates and stability through wide economic moats. They won't be the highest growth stocks, nor will they be the lowest risk, but they shouldn't be the only investments you hold in an IRA. These bring important attributes that would make them a valuable addition to almost any retirement account -- regardless of age, risk tolerance, or account type.