3 High-Yield Stocks Safe for Retirees
"Safe" is a relative term as it relates to stocks. However, investments that offer slow-but-steady growth to help combat inflation, along with industry-leading dividend yields for retirees, are out there -- if you know where to look. To help get you started, we asked three Motley Fool investors for a few such opportunities. They chose tech-stalwart Cisco (NASDAQ: CSCO), real estate investment trust Iron Mountain (NYSE: IRM), and utility-titan Duke Energy (NYSE: DUK).
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Tim Brugger (Cisco): The fact that Cisco stock is down 6% since announcing earnings on Aug. 16 could be viewed as a negative by some retirees in search of conservative growth along with a steady income. But don't be fooled.
Source: Fool.com
Cisco Systems Inc. Stock
€44.47
-2.560%
We see a rather positive sentiment for Cisco Systems Inc. with 12 Buy predictions and 2 Sell predictions.
With a target price of 54 € there is a positive potential of 21.43% for Cisco Systems Inc. compared to the current price of 44.47 €.
