Most investors who want to become wealthy shouldn't be in a rush to do so. After all, the market's movements are impossible to predict, so it makes sense to construct a portfolio of stocks that wisely balances risk and reward. Doing so properly should allow you to grow your money when times are good and protect you from the downside when the next bear market rears its ugly head. Buying and holding shares of great companies, such as the three I'll describe below, is a proven way to grow your wealth over the long term.
Investors who are after long-term growth but want downside protection might want to take a close look at CVS Health (NYSE:CVS). CVS' services are likely to be in demand no matter what is going on in the economy, which should gives its stock downside protection. Investors who are after a stock with more upside potential and are willing to accept a bit more risk might want to consider looking at American Tower (NYSE:AMT). American Tower is organized as a real estate investment trust, or REIT, and the company specializes in owning and operating cellular towers. Acadia Pharmaceuticals (NASDAQ:ACAD) recently launched its first drug for sale after winning Food and Drug Administration approval earlier this year. The drug is called Nuplazid and it was approved to treat Parkinson's disease psychosis, or PDP, a disease that causes delusions and hallucinations.
Source: Motley Fool
Related Articles:
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
- Three Keys For Successful Dividend Growth Investing
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
If it's dividends you're after, there are plenty of top companies to consider, particularly those on the Dow Jones Industrial Averag...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment