3 Rock-Solid Dividend Stocks to Buy in a Stock Market Crash
For the past four months, Wall Street and investors have been taken on quite the ride. It took less than five weeks between February 19 and March 23 for panic and uncertainty surrounding the coronavirus disease 2019 (COVID-19) to knock 34% off of the widely followed S&P 500. Then, in the subsequent 11 weeks, the S&P 500 regained more than 80% of what was initially lost. Essentially, investors experienced a decade's worth of volatility crammed into a third of one year.
However, this past Thursday, June 11, Wall Street and investors were served a reminder that COVID-19 hasn't disappeared, and that plenty of uncertainties remain. When the closing bell rang, the Dow Jones Industrial Average had shed 1,862 points, with the S&P 500 logging its worst day in almost three months.
But where there's panic, there's also opportunity for investors to buy high-quality businesses at a discount. When the stock market crashes and volatility picks up, few investments can be as enticing as dividend stocks. Since most income stocks are profitable and have time-tested business models, they can be the perfect place to put your money to work over the long haul. Here are three rock-solid dividend stocks to consider buying if the market continues to plunge.
Source Fool.com
