With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” environment on Wall Street.
The S&P 500 index
SPX,
has fallen 5.3%% year-to-date through Monday’s closing bell. And many one-time growth darling as doing even worse; Netflix is down nearly six times that amount, and Peloton
PTON,
is down more than four times that amount.
If ever there was a time to consider sleepy but stable dividend stocks, now is the time. The following five stocks are all names that, frankly, haven’t done so well over the last 12 months. But they share massive scale and comfortable profitability that ensures they can weather whatever short-term volatility we see over the coming months….
