Healthcare stocks offer investors a wide variety of stocks. There are healthcare stocks that lean more toward growth versus value, high dividend yields versus dividend growth, and so on. Healthcare also tends to perform quite well during recessionary periods. Their recession-resistant businesses and steady dividends can help reduce the severity of market downturns during recessions.
In this article, we’ll take a look at three healthcare stocks that have strong dividend track records, and that we think are great picks for those investors looking to compound wealth over the long term. The companies are: Johnson & Johnson (NYSE:JNJ), Medtronic (NYSE:MDT) and Abbott Labs (NYSE:ABT).
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