This Stock Is the Closest Thing to a Surefire Investment
When the curtain eventually closes on the stock market in 2019, it's probably going to be one of the best years on record. Through this past weekend, the iconic Dow Jones Industrial Average had gained 20%, while the broad-based benchmark, the S&P 500, has galloped higher by 25%. To add some context to these figures, the 123-year-old Dow has risen by an average of 5.7% per year, while the S&P 500 has historically increased by 7% annually, inclusive of dividend reinvestment and when adjusted for inflation.
But no matter how well the stock market ends the year, it's important for investors to understand that there are virtually no "surefire investments" when it comes to Wall Street. Generally speaking, the closest thing to a surefire investment is an index fund, given that the market tends to rise in value over time. Nevertheless, all investments have risks, which pretty much negates the idea that any one stock is a surefire thing.
However, there is one stock with minimal risks that comes awfully close to being a surefire investment. Everyone say hello to robotic-assisted surgical system developer Intuitive Surgical (NASDAQ: ISRG).
Source Fool.com
