3 High-Yield Stocks to Own in a Market Crash
Although the broader markets are currently trading at historic highs and investor sentiment remains strong, there is always the possibility of an unforeseen correction that sends valuations tumbling downward. So, it might be a smart move to consider buying a handful of so-called "defensive stocks," or stocks that can produce stable earnings regardless of the overarching economic climate.
With this theme in mind, we asked three of our investors which stocks they think might be worth owning in the event the market crashes. They suggested GlaxoSmithKline (NYSE: GSK), AT&T (NYSE: T), and Procter & Gamble (NYSE: PG). Read on to find out why.
Source: Fool.com
AT&T Inc.. Stock
With 16 Buy predictions and not the single Sell prediction the community is currently very high on AT&T Inc...
With a target price of 18 € there is a slightly positive potential of 12.82% for AT&T Inc.. compared to the current price of 15.95 €.