Dividend stocks are appealing in any environment, but with the recent gyrations in the stock market and concerns about rising interest rates, now is a particularly good time for investors to consider dividend stocks, especially as investors seem to be fleeing high-growth tech stocks that have outperformed in recent years.
Historically, dividend stocks have beaten non-dividend payers, and dividend stocks also tend to have defensive attributes that make them smart investments in down markets. On that note, keep reading to see why our contributors recommend picking up shares of Gilead Sciences (NASDAQ:GILD), Hanesbrands (NYSE:HBI), and Target (NYSE:TGT).
Source: Motley Fool
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