After a brutal start to the year, the stock market has posted some mild recovery lately. With economic data looking weak and high levels of inflation setting the stage for more major interest rate hikes, it's possible that the market could be in for more bearish action. Read on to see why a panel of Motley Fool contributors identified these three safe stocks as strong buys in today's uncertain market.
P&G (PG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Procter & Gamble (NYSE: PG), Essential Utilities (NYSE: WTRG), and Baker Hughes (NASDAQ: BKR) are three dividend stocks that can outlast a prolonged recession. Daniel Foelber (Procter & Gamble): In response to its Q4 fiscal 2022 results, Procter & Gamble stock fell 6.2% on Friday despite a strong up day for the broader market. P&G also kept its Dividend King streak alive -- it has paid and raised its dividend for 66 consecutive years.