Amidst several macroeconomic concerns, the good news is that the valuation of several stocks seems attractive. Exposure to undervalued boring stocks for retirement will ensure healthy dividends. At the same time, these stocks will trend higher from oversold levels. Total returns are likely to be robust. Let’s talk about three boring stocks for retirement...
Boring stocks for retirement with strong fundamentals and regular cash flows through dividends: Walmart (WMT): Steady growth in comparable store sales and robust cash flows that will help in sustaining dividends. Lockheed Martin (LMT): Strong order backlog of $140 billion provides clear revenue and cash flow visibility. PepsiCo (PEP): Raised guidance for 2022 and the long term outlook remains positive with scope for growth in emerging markets.
Source: InvestorPlace
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