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Practical Advice from

7 Safe Stocks to Prep for a Market Storm

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Safe stocks aren’t always obvious. There are plenty of big-name companies that have scale but no growth. Also, there are plenty of high-dividend stocks that pay 5% or more only because their share price keeps dropping. Other stocks may hang tough in the tough times, but lag stubbornly behind when the market revs up.

So how do you identify safe stocks that will protect you in a short-term market downturn, but not leave profits on the table in the long-run?

My recipe for safe stocks is simple. I want three things:

  • An established business with great cash flow
  • Protection from cyclical downturns in demand or consumer spending
  • A modest dividend to pay you even if the broader S&P 500 goes nowhere
  • Based on these three criteria — as well as standard demands like a fair valuation and decent earnings performance — I’ve identified seven picks that are worth a look.

    Prices and data are from the original InvestorPlace story published on September 8, 2017. Click on ticker-symbol links in each slide for current prices and more.

    SEE ALSO FROM KIPLINGER: 7 Reliable Dividend Stocks to Buy Now

    This slide show is from InvestorPlace, not the Kiplinger editorial staff.

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