Investors are worried, and the data shows it, especially after the Dallas Fed manufacturing index hit a nine-month low earlier this week. With the potential for yet another bank failure at First Republic Bank, and deposits fleeing commercial banks for Treasury debt and money markets, the scenario for the rest of 2023 looks somewhat grim. Given all that, now is the time to take profits and move to safer stocks that pay big dependable dividends.
We screened our 24/7 Wall St. research universe and found eight top companies that look like outstanding ideas for nervous investors.
This post appeared at 24/7 Wall St.