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
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So what should investors do amid the panic? They could do worse than own top dividend stocks. The recent stock market crash has turned some ...
-
For most investors, this is not a time to panic. Rather than take a flight to safety, now is a time to take a flight to quality. And when in...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.