During periods of market weakness, such as in 2022, healthcare stocks tend to outperform the broader market. This is owed to the group’s relative stability when it comes to revenue and earnings, which also translates to their ability to pay dividends irrespective of economic conditions.
But not all healthcare stocks are created equal. Let’s take a look at three that we like for attractive dividends today, as well as long-term growth potential. These stocks are good picks whether we have a recession in 2023 or not, as they should provide a diversifying component to an investor’s portfolio.
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