3 Top Dividend Aristocrats to Buy for the Next Market Crash
When it seems like everyone and their neighbor are turning to growth stocks as an almost-surefire way to generate strong returns, smart investors know to take caution and look for ways to mitigate their risk profiles. That's not to say that today's bull market is necessarily teetering on the verge of turning bear, but with major indexes at record highs, it's a good time to diversify toward stocks that have what it takes to help weather a potential downturn.
With that goal in mind, companies that pay sizable dividends and have a history of reliable payout growth often make good risk-reduction vehicles, but there are standouts even among the list of Dividend Aristocrats. Read on to see why Clorox (NYSE: CLX), Colgate-Palmolive (NYSE: CL), and Kimberly-Clark (NYSE: KMB) are top stocks for building a crash-resistant portfolio.
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Source: Fool.com
Colgate-Palmolive Co. Stock
Colgate-Palmolive Co. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
However, we have a potential of -2.08% for Colgate-Palmolive Co. as the target price of 86 € is below the current price of 87.83 €.
