|Bid||34.72 x 2200|
|Ask||34.72 x 800|
|Day's Range||34.31 - 35.05|
|52 Week Range||30.93 - 41.95|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.28 (3.64%)|
|Ex-Dividend Date||May 27, 2022|
|1y Target Est||41.07|
According to Dow Jones Market Data, the S&P 500 fell 21% in the first half of 2022. Many individual stocks are down far more than 21% as the bear market has been particularly painful for growth stock investors. Watsco (NYSE: WSO), Lockheed Martin (NYSE: LMT), and Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) are three dividend stocks that can outlast a prolonged bear market.
While gold is considered a safe bet during the recession, there are plenty of businesses that might be considered equally healthy alternatives. The post Recession Fears: 3 Stocks to Stash Your Cash in appeared first on The Motley Fool Canada.
Is a recession coming? Ark Invest CEO Cathie Wood thinks that one has already arrived. Economists surveyed by The Wall Street Journal put the odds of a recession over the next 12 months at 44%. Federal Reserve chairman Jerome Powell recently said that a recession is "a possibility," although the Fed is trying to avoid causing one with its interest rate hikes.