"If you have a rock, hide under it." That was the advice of one fund manager at a recent Morningstar conference, reports Eric Schurenberg at CBS MoneyWatch.com. I feel better now, don't you? The economy is on shaky ground, the markets are a mess and investors are wary of getting burned. Some experts at the conference were clinging to the one life raft they could find: Dividend stocks.
Dividend stocks are one asset the weary investor can bank on, experts say. "The big steady-going consumer companies and manufacturers that make up their universe lagged the rally since the March 2009 low, so that they are arguably undervalued," Schurenberg writes.
Source: MSN MoneyCentral
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