3 Rock Solid Dividend Stocks That Won't Flinch if the Market Crashes Again
Just when you thought it was safe to plan your retirement and the coronavirus crash was over, the market is getting crazy again.
The S&P 500 fell 5.9% last Thursday as fears of a second wave of COVID-19 infections swept the market. The sudden convulsion was reminiscent of late February and most of March, when the market fell nearly 40% in about a month. Stocks have recovered nearly all of those steep losses, and while that may be a bullish signal for a recovery, it also sets up the market for another sharp pullback, especially if the economic rebound is slower than expected or if infections spike again.
In this environment, it helps to own stocks that will deliver solid results and payouts no matter what happens with the coronavirus or the stock market. And Walmart (NYSE: WMT), Johnson & Johnson (NYSE: JNJ), and Microsoft (NASDAQ: MSFT) are just the kind of stocks you need to weather another crash.
Source Fool.com
