Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Monday's 2,000-point pullback has fueled significant concerns about the stability of the U.S. economy and current valuations in the market.
The ongoing battle with COVID-19 has stopped cruise ships, airlines, and hotel companies in their tracks.
We've seen Italy effectively shut down its economy. Last night, the Prime Minister announced the country would begin quarantining its entire population of 16 million citizens.
And the spread continues across more U.S. states...
The Trump administration has floated the idea of a possible cut to payroll taxes and other stimulus factors. But there is another shoe waiting to drop in this market: a restructuring of risk and potentially massive downgrades in corporate bonds.
Such news would rattle investors and lead many companies to reassess their cash flow due to ratings downgrades.
That said, the pullback has created a number of opportunities for investors to tap into companies with strong cash flows, low debt, and solid dividends.
Today, I'm highlighting three different dividend stocks to buy with the recent market pullback.
Dividend Stocks to Buy, No. 3
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.