I listed stocks in fourteen industries: growth companies whose stocks are not in a free fall during the current stock market correction. Remember, stock market corrections are normal. And when the market goes back up, which stocks rebound first...the ones in a free fall or the ones which fell to the bottom of their trading ranges and bounced? The latter.
Most of the stocks which I recommended in the article pay dividends, many in the 3-5% area.
The industries are diverse, but do not include technology stocks, clothing retailers, nor American banks. These industries are out of favor in the market right now, despite some fantastic sales and earnings. No problem. I'll wait a few months and watch for a sector rotation.
You can send me questions from Goodfellow LLC's website, and there are free articles which non-subscribers can view, including How to Structure a Stock Portfolio.
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The Right Huff is Crista Huff's blog for politics and items of sociological or financial interest. Crista Huff also manages Goodfellow LLC, a subscription-only stock market website. We strive to identify financially healthy companies in which traders and investors can buy shares and earn dividends and capital gains. See disclaimer for the risks associated with investing in the stock market. See your tax advisor for the tax consequences of investing. See your estate planning attorney to clarify beneficiary and inheritance issues associated with your assets.
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