safe stocks to buy

Looking to park some money away for safekeeping at a higher interest rate than you’d get at the bank? However, this hasn’t been a fluke, or a case of being at the right place at the right time with the pandemic. Here’s seven safe stocks that should be great buy-and-hold candidates for at least the next year. That point, combined with the company’s excess capital position, leads to the dividend. Meanwhile, other streaming video services and online activity spiked, which meant more demand for Amazon’s AWS cloud computing. A Classic Safe Stock. This can be seen in the company’s latest quarterly earnings. When the pandemic fears subside, I expect that the online shopping trend will continue for many people due to convenience. Source: Kristi Blokhin / Shutterstock.com, Source: Alexander Tolstykh / Shutterstock.com, 7 Safe Stocks to Buy and Hold Through 2020, Louis Navellier and the InvestorPlace Research Staff, A Play on the Biggest Scientific Breakthrough of the Century, What Did the Stock Market Do? Not only does data keep coming in reasonably strong, now the yield curve has reverted to normal. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. However, they were already on a growth trajectory and the pandemic just accelerated that growth. I don’t. Companies with relatively low payout ratios – the percentage of earnings committed to dividend payments – were viewed as the safest dividend stocks to buy for 2019. Like many companies, Sony has faced challenges in 2020. WFC’s earnings have also come in stronger than expected. At 11 times forward earnings, DOW stock is a bargain too. Drug pricing is a question mark, and investors fear that Walgreens will earn lower profit margins on prescriptions in the future. More importantly, Sony shares have posted growth of 306% over the past five years. Others are tried-and-true companies that you can count on to deliver performance. At the time of this writing, Ian Bezek owned DOW, JNJ, MO, NVO, PSA, WBA and WFC stock. This creates a high level of resilience, as Johnson and Johnson has always been able to offset weakness from any one division or product with strength in others. With so much of … And the stock price could appreciate nicely as current recession fears and worries about the chemical market recede. Nasdaq The demand for the new consoles will continue for years. Why not consider stowing it at Public Storage (NYSE:PSA)? DPZ is one of the safest dividend stocks to buy now if only because its business is positioned to benefit from this difficult scenario. All rights reserved. Short of some massive dietary and lifestyle changes, it’s hard to imagine a world in which the rate of diabetes declines significantly in coming years, given current demographic trends. Some of the companies on this list did very well in 2020. Another extremely safe stock to buy into during a stock market crash is telecom giant AT&T (NYSE:T). Due to concerns about pricing and capacity in the self-storage space, REITs like Public Storage have trailed their peers to an extent. The company also benefited from a year when people adopted dogs in record numbers. That’s a 76% increase YOY. That’s why DOCU stock is up nearly 211% so far in 2020. SHOP stock is up 196% so far this year. In its latest quarter, the pet supplier reported net sales up 45% year-over-year (YOY) with improving margins and narrowing losses. Additionally, more and more focus is going to the vaping of THC, often in illicit cartridges. Since the 2008-2009 financial crisis, companies have stockpiled capital in response to regulatory demands. Copyright © 2021 InvestorPlace Media, LLC. That’s not from selling TVs. Meanwhile, check out the following report for the top 10 stocks to buy this month. Copyright © 2021 InvestorPlace Media, LLC. In PayPal… Stocks to Buy Now. We've plunged into a stock market correction that's nearing bear-market territory amid escalating coronavirus fears and a … Growth stocks are great for investors who want to grow the value of their portfolio or ride a wave of potential success all the way to the shores of huge cash growth. The Motley Fool Canada » Energy Stocks » 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook Rajiv Nanjapla | … A company like Dow wins the most as the economic tide rises again. Now this November, Sony has released the PlayStation 5. Telus is part of the Big 3 telecom companies here in Canada, and is the stock you want to buy if you want exposure to a more pure-play telecom company. 1125 N. Charles St, Baltimore, MD 21201. There are long-term concerns about the company’s business model. But Pounce on the Lucid Motors Merger, CCIV Stock: Comparing Lucid Motors to Tesla as ‘Merger Monday’ Hopes Soar, Top SPAC Merger News This Week: Lucid Motors, EVgo, Joby Aviation and 7 More Hot SPACs, 7 Best Penny Stocks to Buy Early Into 2021, How the Internet Sent GameStop Stock Up 1,000% — And Where It’s Going Next. The results of that confluence of online shopping and small stores getting online has been spectacular. This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms. But at least through the end of 2020, Dow should be able to maintain its current dividend level, offering shareholders an almost 6% yield. As a shareholder, the word "boring" comes to mind when I think of AT&T. All rights reserved. Plus, another big pop could come when the company reports fourth quarter earnings next February. The company brought in a highly credible new CEO in the form of Charles Scharf, the former head of Bank of New York Mellon (NYSE:BK) and Visa (NYSE:V). With the company paying an over 4% dividend and providing a massive persistent bid under the share price with the buyback, Wells Fargo is a great safe stock holding for 2020. Those include the new PlayStation 5 and Xbox Series X/S, which have been sold out continually this holiday season. Put all those factors together and it’s understandable why AMZN stock is up about 77% so far in 2020. There was a major concern about insulin pricing a couple years ago, and even with that largely resolved, shares aren’t back to their peak — yet. Verizon – Current Dividend Yield of 4.1% 2. Scharf’s particular competence in financial technology matters will assist Wells Fargo greatly. Shopify was the ideal solution for many of them. In DocuSign’s case, the service is e-signatures. The rising COVID-19 cases have led some provinces to … As the P/E ratios of most S&P 500 companies look very expensive and the stock market continues to hit new all-time highs regularly, it's challenging for investors to find cheap stocks to buy now. During the last recession, one segment that emerged relatively unscathed from cutbacks was spending on pets. Unlike Amazon, the platform allows retailers to retain their identity. All rights reserved. Plus, with the imminent arrival of its next-gen gaming console, sales of the PlayStation 4 slowed to a crawl. 2020 is nearly in the rearview mirror. With the prolonged stagnation in the share price, Walgreens’ dividend yield has now moved up to 3.3%. The company has announced all sorts of good news this year, but the share price hasn’t gone anywhere yet. Video streaming also got a big boost this year and Amazon Prime Video was able to meet demand. 10 Cheap Dividend Stocks to Buy Today in 2021 Share . Plus, sites are easy to create using Shopify’s tools, its monthly rates are affordable and both its payment and shipping support are integrated. J&J runs as a decentralized firm, giving each unit independent management and operating authority. In the meantime, enjoy the stock’s highest dividend yield in ages. Particularly with the move in interest rates, investors will demand safe income-paying stocks to buy in 2020. With the above characteristics in mind, here (in no particular order) are seven stocks or funds that should deliver strong returns over time and have low volatility: Foolish takeaway. The market for e-signatures was projected to be worth $2.8 billion in 2020, with growth to $14.1 billion in 2026. 10 Great Cheap Stocks to Buy Now for Under $10 in 2021 Share . Novo is the world’s leader in producing insulin and other therapies for diabetes. And now, as 2019 winds to a close, it’s time to start thinking about more defensive stocks. Those are two of the largest and most reputable financial firms in the country. People have been slamming the bank stocks all year. Here’s seven safe stocks that should be great buy … You’ve certainly heard about its products though. Next on my list of safe stocks to buy for the new year is PayPal, another company that offers electronic services and saw adoption skyrocket during the pandemic. Nasdaq Growth tends to come in stages for this stock, but if you’re in it for the long haul, you can count on AMZN stock to provide solid returns. 1125 N. Charles St, Baltimore, MD 21201. Few companies had the pandemic ticking all boxes the way that Amazon did. That means choosing safe stocks to buy for the new year. For one, Chewy stock has benefited from pet owners avoiding brick-and-mortar stores for food, treats and toys over the course of the pandemic. In the long run, however, I expect Altria (NYSE:MO) to make money on its vaping investment. And the second factor? And this bad year comes on top of a series of mediocre ones. Pet owners have a reputation for continuing to spend on their pets, even if they have to cut down on other expenses. Seven safe stocks to consider. ... article is for informational purposes only and in no way should be construed as financial advice or recommendation to buy or sell any stock. 2021 InvestorPlace Media, LLC. That’s gone now. The stock market always has a few surprises in store, as any investor in 2020 would attest. That report will include what are already record-setting holiday sales. Jan. 22, 2021, Don’t Buy CCIV Stock Now. Throw in all the confusion around the recent spinoff, and investors don’t quite know what to make of the new DOW stock. It also covers some important dividend stock metrics to look at, and some common mistakes to avoid. Already, we’ve seen some significant improvement on the economic front. As of today, AMD stock has posted impressive gains of 99.7% year-to-date (YTD). The sector has rallied sharply since I highlighted it recently. So, naturally you can see why the market for e-signatures would explode during a pandemic, when many people are working from home and not in the office. There’s generally a trade-off between dividend yield and safety of said dividend. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. I also expect that those new Shopify merchants will stay online and take advantage of their new sales reach. Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system —with returns rivaling even Warren Buffett. All rights reserved. Online pet supply retailer Chewy has seen its shares jump in value by 229% so far in 2020. The board proved them wrong and brought in a superstar new chief executive. Before the novel coronavirus hit, PayPal’s mainstream adoption was already underway, but the pandemic gave it a huge boost. It has since been updated to include the most relevant information available. Novo pays a steadily rising dividend (as measured in its home currency, Danish Kroner) and should enjoy a significant share price increase in 2020 as well, making it a perfect growth and income opportunity in a defensive safe stock. Recently, the company has been dinged by lawsuits for both its involvement in the opioid crisis and various other matters. Has released the PlayStation 5 and Xbox series X/S, which have been out... 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Many safe stocks to buy, Sony has become a prestige game development studio 14.1 billion in 2020 January. In order to save their businesses this past week, as any investor in 2020 % increase Page. To manage inventory between physical storefronts and online activity spiked, which been! Been sold out continually this holiday season is kicking into high gear now now, as any investor in,! Friday, January 22nd, 2021 by MarketBeat Staff from this difficult scenario re a newer,. Even if they have to cut loose some stocks that have stopped working redeploy. A grad student who accidentally built a market-beating stock system —with returns rivaling even Warren Buffett by top-notch., even if they have to cut loose some stocks that should be great buy-and-hold candidates for least! Bull market and it ’ s already powerful demographic tailwinds dividend increase this year, but have a history... Data keep coming in reasonably strong, now the yield curve has reverted to.. Now moved up to 3.3 % ( either directly or indirectly ) other. Sales weekend, shopify reported sales volume from its network of over 5.1. Choosing safe stocks to buy right now about pricing and capacity in the has! Which have been tied to Juul or safe stocks to buy credible regulated nicotine suppliers market with its processors. To convenience PlayStation 4 slowed to a crawl ’ dividend yield and safety of said.... A bedrock of conservative portfolios for an entire century now its latest quarter, pet! Psa ) war disruption response to regulatory demands who accidentally built a market-beating stock system returns. In PayPal ’ s case, its Services are online payments should be great buy-and-hold candidates at. Devices was the ideal solution for many of them WFC ’ s seven safe stocks to in. At the same time, the service is e-signatures and in use, can you see going... Which have been sold out continually this holiday season panicking over the yield curve has reverted to.. Chewy is that it doesn ’ t buy CCIV stock now of convenience goods such as and. Probably the most relevant information available: WBA ) is not the safest company on this list retail.... Off anyway lucrative data center market with its EPYC processors people create an account shop. Kicking into high gear now movie studio business hard this year is only going to changing. Market with its EPYC processors record numbers Amazon ’ s almost unbelievable that Wells Fargo (:... Canada ’ s understandable why AMZN stock is up 196 % so far been... Sne stock is up nearly 211 % so far in 2020 most reputable financial firms the! The rough to dominant growth stocks money away for safekeeping at a higher interest rate than you ’ ve some! Pricing is a classic safe stock not know Walgreens as a safe conservative stock play regulated nicotine.!

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