Even amidst macroeconomic headwinds, the S&P 500 index has remained resilient. For the year-to-date, the index has trended higher by 10%. While it’s good to remain optimistic, preparing for the worst is equally important.
I don’t intend to be a fearmonger and it’s unlikely that there will be a big crash. However, even a 10% to 15% correction in the index is significant. To remain prepared for any such scenario, this column intends to discuss some low-risk, high-reward stocks to buy and hold.
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