Consider investing in these steady dividend stocks with growth potential

Investing in times of market uncertainty can be a daunting task, especially as recession fears continue to escalate and economic growth shows signs of stalling. As the Dow Jones Industrial Average recently plummeted nearly 500 points and major indices like the S&P 500 and Nasdaq Composite experienced significant declines, it’s crucial for investors to find safe havens in the storm.

At Extreme Investor Network, we understand the importance of protecting your investments during volatile market conditions. That’s why we’ve compiled a list of carefully selected stocks that can help you weather the storm and potentially even thrive amidst market turmoil. Our criteria for selecting these stocks include maintaining a beta under one to signify lower volatility, having a dividend yield over 2%, boasting earnings growth above 5% for the past three years, and remaining in the green for the past month.

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One such stock that made it onto our list is McDonald’s. Despite pulling back more than 9% in 2024, McDonald’s stock is less volatile than the broader market with a beta of 0.71. Morgan Stanley Wealth Management even added McDonald’s to its dividend equity portfolio, citing the company’s attractive valuation and strategic efforts to revamp menu pricing.

Another noteworthy stock on our list is Equinix, a digital infrastructure firm that has seen modest gains in 2024 but has surged over 7% in the past month alone. With a 2.1% dividend yield and positive analyst sentiment, Equinix is poised for potential growth as data center demand accelerates.

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In addition to McDonald’s and Equinix, other potential safe havens on our list include L3Harris Technologies and Omnicom Group. By diversifying your portfolio with these carefully selected stocks, you can mitigate risk and potentially thrive amidst market turmoil.

At Extreme Investor Network, we are committed to providing you with valuable insights and recommendations to help you navigate the complex world of investing. Stay informed, stay ahead, and stay profitable with Extreme Investor Network.

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