Next on my list of safe stocks to buy for the new year is PayPal, another company that offers electronic services and saw adoption skyrocket during the pandemic. With that in mind, it’s time to start positioning your portfolio for 2020. This gives Public Storage the opportunity to keep using its industry-best balance sheet to pick up properties opportunistically and create additional growth. In fact, the company has been a bedrock of conservative portfolios for an entire century now. The 20 Safest Dividend Stocks to Buy in 2020 1. The board proved them wrong and brought in a superstar new chief executive. Particularly with the move in interest rates, investors will demand safe income-paying stocks to buy in 2020. Unlike Rogers Communications and BCE, Telus doesn't have a media division and instead has invested in business models that drive higher margins like telehealth and security. ... article is for informational purposes only and in no way should be construed as financial advice or recommendation to buy or sell any stock. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation. PYPL stock has increased 113% since the start of the year. 1125 N. Charles St, Baltimore, MD 21201. Article printed from InvestorPlace Media, https://investorplace.com/2020/12/safe-stocks-buy-new-year-seven-stocks-to-start-off-2021/. It’s a great time to cut loose some stocks that have stopped working and redeploy the capital elsewhere. As such, its dominance — plus the projected growth of the market — makes DOCU one of the best safe stocks to buy for the new year. With JNJ stock down 20% from its highs despite a strong rally in defensive stocks, there’s a great argument for locking in the stock’s rock-solid dividend for 2020, along with a potential run-up in the share price to $150 as lawsuit fears diminish. Amid the uncertain outlook, investors could buy safe dividend stocks to strengthen their portfolios, as dividend stocks tend to outperform non-dividend-paying stocks during a downturn. Posted on Friday, January 22nd, 2021 by MarketBeat Staff. As I’ve already discussed — amid a lockdown, store closures and the need to socially distance — consumers turned to online shopping a lot this year. Remember everyone panicking over the yield curve inversion a few months ago? Now that e-signatures are legal and in use, can you see anyone going back to the hassle of sending documents by courier? Copyright © Wells Fargo’s critics had slammed the company, saying management was untrustworthy and that the company couldn’t attract a competent outsider CEO. Due to concerns about pricing and capacity in the self-storage space, REITs like Public Storage have trailed their peers to an extent. You may not know Walgreens as a safe conservative stock play. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The Motley Fool Canada » Energy Stocks » 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook Rajiv Nanjapla | … Telus is part of the Big 3 telecom companies here in Canada, and is the stock you want to buy if you want exposure to a more pure-play telecom company. Jan. 22, 2021, Don’t Buy CCIV Stock Now. Drug pricing is a question mark, and investors fear that Walgreens will earn lower profit margins on prescriptions in the future. Over the past five years, shares in Amazon have increased in value by over 388%. Some investors think that it's too challenging to find safe and affordable securities that pay 4%, 5%, and even 6% yields. Foolish takeaway. That’s a 76% increase YOY. 1125 N. Charles St, Baltimore, MD 21201. However, some folks tend to trade the headline and not think about the longer-term impact. More importantly, Sony shares have posted growth of 306% over the past five years. Finally, the platform offers tools to manage inventory between physical storefronts and online ones. Meanwhile, other streaming video services and online activity spiked, which meant more demand for Amazon’s AWS cloud computing. Last on my list of safe stocks to buy for the new year is probably the most traditional company on here. Verizon – Current Dividend Yield of 4.1% 2. You’ve certainly heard about its products though. A wide investor search is on for safe-haven stocks to buy. The company has announced all sorts of good news this year, but the share price hasn’t gone anywhere yet. In PayPal’s case, its services are online payments. You can reach him on Twitter at @irbezek. Plus, with the imminent arrival of its next-gen gaming console, sales of the PlayStation 4 slowed to a crawl. This creates a high level of resilience, as Johnson and Johnson has always been able to offset weakness from any one division or product with strength in others. Real estate investment trusts have been hard stocks to buy lately — the sector has soared to new all-time highs as investors hunt for yield. Plus, another big pop could come when the company reports fourth quarter earnings next February. But Pounce on the Lucid Motors Merger, CCIV Stock: Comparing Lucid Motors to Tesla as ‘Merger Monday’ Hopes Soar, Top SPAC Merger News This Week: Lucid Motors, EVgo, Joby Aviation and 7 More Hot SPACs, 7 Best Penny Stocks to Buy Early Into 2021, How the Internet Sent GameStop Stock Up 1,000% — And Where It’s Going Next. Historically, Walgreens has had a surging share price, and as a result, a relatively low dividend yield. For example, the closure of cinemas worldwide hit its movie studio business hard this year. Copyright © 2021 InvestorPlace Media, LLC. Online pet supply retailer Chewy has seen its shares jump in value by 229% so far in 2020. This, in turn, will ensure that Novo Nordisk has much work to do. In addition, Sony has become a prestige game development studio. The Motley Fool Canada » Dividend Stocks » 3 Safe Dividend Stocks to Buy Right Now 3 Safe Dividend Stocks to Buy Right Now Rajiv Nanjapla | December 2, … There’s generally a trade-off between dividend yield and safety of said dividend. If you’re a newer investor, you may not have heard of Novo Nordisk (NYSE:NVO). It has since been updated to include the most relevant information available. All rights reserved. Each has earned an “A” rating in Portfolio Grader, so you know they are primed for low-risk, long-term growth. Like many companies, Sony has faced challenges in 2020. This doesn’t mean Juul’s problems will go away overnight. So, how can I be sure that it’s worthy of a spot on this list of safe stocks to buy for the new year? Plus, sites are easy to create using Shopify’s tools, its monthly rates are affordable and both its payment and shipping support are integrated. The demand for the new consoles will continue for years. If and when Juul starts providing meaningful cash flow to Altria, it will support a higher share price and dividend — but you don’t need to justify the current $46 MO stock price and greater than 7% dividend yield. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. As a shareholder, the word "boring" comes to mind when I think of AT&T. However, the thing about Chewy is that it doesn’t have a long history as a publicly traded company. Unlike Amazon, the platform allows retailers to retain their identity. 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