We’re in a volatile stock market, so investors have to be even more careful about picking stocks right now. With many growth stocks likely in for a few rough months, more investors are taking closer looks at some value stocks, but that category of stocks might not provide enough upside to make them worth your while.
That means that right now is a great time to search for stocks that can thrive no matter what the market does from here. Let’s take a closer look at three that might be worth your time.
Pfizer ( PFE 0.04% ) is one of those stocks that investors can buy and hold without worrying. Major pharmaceutical stocks like Pfizer have a few characteristics that make them interesting, regardless of market conditions. Like other healthcare stocks, they are considered less cyclical than other industries. Demand for medication is relatively stable, even if it can be impacted by recessions. Unlike many defensive stock…