2021 InvestorPlace Media, LLC. The board proved them wrong and brought in a superstar new chief executive. However, despite the hits, SNE stock is still up nearly 47% YTD. Still, Walgreens has proved resilient over the decades and any sort of political clarity on drug pricing in 2020 as the election plays out could send WBA stock sharply higher. Others are tried-and-true companies that you can count on to deliver performance. Meanwhile, the industry remains fragmented with mom-and-pop operators holding a major portion of the business. DocuSign is a perfect example of a company that had already been making headway with a service only to see the pandemic rapidly ramp up demand. So, if you’re wondering where to put your investment dollars as one of the most tumultuous years in memory wraps up, here are seven safe picks. Lastly, I believe SHOP stock will continue delivering gains, making it a surefire pick for this list of safe stocks to buy for the new year. Star Group LP (NYSE: SGU) is a classic safe stock. This has been an emerging market that replaces handwritten signatures with legally binding electronic versions. Those include the new PlayStation 5 and Xbox Series X/S, which have been sold out continually this holiday season. Looking to park some money away for safekeeping at a higher interest rate than you’d get at the bank? The market for e-signatures was projected to be worth $2.8 billion in 2020, with growth to $14.1 billion in 2026. 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. Novo pays a steadily rising dividend (as measured in its home currency, Danish Kroner) and should enjoy a significant share price increase in 2020 as well, making it a perfect growth and income opportunity in a defensive safe stock. Capital levels reached historically extreme levels, in fact. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. 10 Great Cheap Stocks to Buy Now for Under $10 in 2021 Share . In fact, Advanced Micro Devices was the top performing stock on the S&P 500 in 2019, by a wide margin. But that’s not all — adding to the AMD stock story, some of the hottest devices for the holiday season are powered by custom AMD chips. 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. Nasdaq In fact, the company has been a bedrock of conservative portfolios for an entire century now. It also covers some important dividend stock metrics to look at, and some common mistakes to avoid. It just got hit with another scare this past week, as JNJ stock slumped on news of a baby powder recall. Tax-loss selling in particular can make for a great time to jettison some old positions and pick up more promising stocks to buy going forward. In PayPal’s case, its services are online payments. Here’s seven safe stocks that should be great buy … 1125 N. Charles St, Baltimore, MD 21201. Very few of the reported lung problems so far have been tied to Juul or other credible regulated nicotine suppliers. 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. However, this hasn’t been a fluke, or a case of being at the right place at the right time with the pandemic. Meanwhile, other streaming video services and online activity spiked, which meant more demand for Amazon’s AWS cloud computing. My take, at least through the end of 2020, is to look for a safe 6% dividend yield and the possibility of some nice share price upside if global economic sentiment improves. So, naturally you can see why the market for e-signatures would explode during a pandemic, when many people are working from home and not in the office. Stocks to Buy Now. Additionally, more and more focus is going to the vaping of THC, often in illicit cartridges. Since the 2008-2009 financial crisis, companies have stockpiled capital in response to regulatory demands. ... article is for informational purposes only and in no way should be construed as financial advice or recommendation to buy or sell any stock. Recently, the company has been dinged by lawsuits for both its involvement in the opioid crisis and various other matters. 2 Safe Dividend Stocks to Buy in 2021 Long-term investors won't be disappointed by these top-notch dividend stocks. In PayPal… Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. quotes delayed at least 15 minutes, all others at least 20 minutes. Over the past five years, shares in Amazon have increased in value by over 388%. Additionally, Venmo users transferred or paid $44 billion over the quarter — a 61% increase (Page 10). As it is, Altria’s existing cigarette sales along with cash flow from its stake in Anheuser-Busch (NYSE:BUD) is enough to cover the dividend. Growth tends to come in stages for this stock, but if you’re in it for the long haul, you can count on AMZN stock to provide solid returns. Shopify is Canada’s most valuable company and one that benefitted from a pandemic double-whammy. 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. More importantly, Sony shares have posted growth of 306% over the past five years. The company also benefited from a year when people adopted dogs in record numbers. When the pandemic fears subside, I expect that the online shopping trend will continue for many people due to convenience. The stock market always has a few surprises in store, as any investor in 2020 would attest. In DocuSign’s case, the service is e-signatures. Copyright © Johnson & Johnson (NYSE:JNJ) isn’t the most exciting stock on this list by any means. Online pet supply retailer Chewy has seen its shares jump in value by 229% so far in 2020. Scharf’s particular competence in financial technology matters will assist Wells Fargo greatly. Another extremely safe stock to buy into during a stock market crash is telecom giant AT&T (NYSE:T). During the last recession, one segment that emerged relatively unscathed from cutbacks was spending on pets. So, the big increase in its user base this year is only going to keep the growth going. That’s not from selling TVs. Companies with relatively low payout ratios – the percentage of earnings committed to dividend payments – were viewed as the safest dividend stocks to buy for 2019. Drug pricing is a question mark, and investors fear that Walgreens will earn lower profit margins on prescriptions in the future. DPZ is one of the safest dividend stocks to buy now if only because its business is positioned to benefit from this difficult scenario. With so much of … J&J runs as a decentralized firm, giving each unit independent management and operating authority. Safe dividend stocks like Fortis stock and Northwest Healthcare REIT stock are prime stocks to buy when the second wave hits and the market crashes. And now, as 2019 winds to a close, it’s time to start thinking about more defensive stocks. Simply put, Dow is a high-yield company that also faces significant potential trade war disruption. The previous generation PlayStation sold over 113 million units. Source: Kristi Blokhin / Shutterstock.com, Source: Alexander Tolstykh / Shutterstock.com, 7 Safe Stocks to Buy and Hold Through 2020, Louis Navellier and the InvestorPlace Research Staff, A Play on the Biggest Scientific Breakthrough of the Century, What Did the Stock Market Do? Simon Property – Current Dividend Yield of 5.8% Property management is still a hot business, and Simon Property... 3. Copyright © 2021 InvestorPlace Media, LLC. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 3 Safe TSX Stocks to Buy Amid an Uncertain Outlook Despite a weak economic outlook, the Canadian equity markets were on a roll last month, with the S&P/TSX Composite Index rising over 10%. If you’re a newer investor, you may not have heard of Novo Nordisk (NYSE:NVO). SHOP stock is up 196% so far this year. That’s gone now. PYPL stock has increased 113% since the start of the year. Now the regulators are starting to loosen up a bit, and that is letting the banks put money back to work. This article gives a sample portfolio of dividend stocks I’m willing to buy, including ones I already own and ones I would add fresh capital to now. Next on my list of safe stocks to buy for the new year is Amazon, an e-commerce Goliath with an incredibly profitable side-business as the world’s leading cloud computing provider. In fact, 2020 could be the rebound year for WBA stock. Meanwhile, front-of-the-store sales of convenience goods such as soda and candy may be pressured due to the changing retail climate. But it is one of the safest. As of today, AMD stock has posted impressive gains of 99.7% year-to-date (YTD). As these things tend to do, it appears the general media scare around vaping illnesses is starting to taper off. 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. 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. All rights reserved. The company has announced all sorts of good news this year, but the share price hasn’t gone anywhere yet. 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. The results of that confluence of online shopping and small stores getting online has been spectacular. They don’t take risks, but have a proven track record of making investors happy. Well, there are two reasons. Now this November, Sony has released the PlayStation 5. Here’s seven safe stocks that should be great buy-and-hold candidates for at least the next year. For example, total payment volume over its platform was up 38% YOY, while 15.2 million new user accounts were added. This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms. For one, Chewy stock has benefited from pet owners avoiding brick-and-mortar stores for food, treats and toys over the course of the pandemic. It’s almost unbelievable that Wells Fargo (NYSE:WFC) stock remains this much of a value. Given everything the company is working on and its momentum, investments don’t get much more secure — this name is one of the best safe stocks to buy for the new year. It’s also certainly the oldest. We've plunged into a stock market correction that's nearing bear-market territory amid escalating coronavirus fears and a … The winter holiday season is kicking into high gear now. There’s generally a trade-off between dividend yield and safety of said dividend. This doesn’t mean Juul’s problems will go away overnight. The company brought in a highly credible new CEO in the form of Charles Scharf, the former head of Bank of New York Mellon (NYSE:BK) and Visa (NYSE:V). The company just picked up a huge regulatory approval, adding a specific catalyst to the company’s already powerful demographic tailwinds. A wide investor search is on for safe-haven stocks to buy. Copyright © 2021 InvestorPlace Media, LLC. Wells Fargo is doing so with both a double-digit dividend increase this year and a massive share buyback. It has since been updated to include the most relevant information available. This can be seen in the company’s latest quarterly earnings. Few companies had the pandemic ticking all boxes the way that Amazon did. With the above characteristics in mind, here (in no particular order) are seven stocks or funds that should deliver strong returns over time and have low volatility: Due to concerns about pricing and capacity in the self-storage space, REITs like Public Storage have trailed their peers to an extent. Particularly with the move in interest rates, investors will demand safe income-paying stocks to buy in 2020. [Editor's note: "9 Super-Safe-Growth Stocks for Long-Lasting Dividends" was previously published in October 2019. In its latest quarter, the pet supplier reported net sales up 45% year-over-year (YOY) with improving margins and narrowing losses. Verizon – Current Dividend Yield of 4.1% 2. That’s in large part because Walgreens’ earnings continue to grow, and it pays a higher and higher dividend with every passing 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. By the end of 2020, people that bought Altria when it was cheap will be enjoying their dividends with the vaping scare already long forgotten. Before the novel coronavirus hit, PayPal’s mainstream adoption was already underway, but the pandemic gave it a huge boost. I don’t. After being in the dumps for a decade, the chipmaker has been aggressively winning market share in PC processors and graphics cards. 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, … Online shopping was through the roof. Dow (NYSE:DOW) is not the safest company on this list. Finally, the platform offers tools to manage inventory between physical storefronts and online ones. Video streaming also got a big boost this year and Amazon Prime Video was able to meet demand. Put all those factors together and it’s understandable why AMZN stock is up about 77% so far in 2020. 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. Now, for example, the company is seeing weakness in consumer products but strength elsewhere has balanced it out. Article printed from InvestorPlace Media, https://investorplace.com/2019/10/7-safe-stocks-to-buy-and-hold-through-2020/. The rising COVID-19 cases have led some provinces to … Three safe-haven, dividend-paying tech stocks that should help investors weather the current coronavirus storm. Remember everyone panicking over the yield curve inversion a few months ago? WFC’s earnings have also come in stronger than expected. Not only does data keep coming in reasonably strong, now the yield curve has reverted to normal. This gives Public Storage the opportunity to keep using its industry-best balance sheet to pick up properties opportunistically and create additional growth. 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. Instead, Sony’s videogame business has been a major driver of the company’s growth. In fact, it’s a dividend aristocrat stock with more than 25 years of consecutive dividend hikes. Like many companies, Sony has faced challenges in 2020. There was a major concern about insulin pricing a couple years ago, and even with that largely resolved, shares aren’t back to their peak — yet. Particularly with the move in interest rates, investors will demand safe income-paying stocks to buy in 2020. And at worst, PSA stock would tread water, safely kicking out its rock-solid dividend as Americans continue to store their belongings, regardless of the economic winds. Naturally, SHOP stock benefited from that trend. Despite a starting price of $499 (or $399 for the Digital Edition), the PS5 sells out within minutes whenever supply shows up. And this bad year comes on top of a series of mediocre ones. Why JNJ stock for 2020 in particular? The top stocks to buy for 2021 range from small-cap diamonds in the rough to dominant growth stocks. Additionally, during the Black Friday and Cyber Monday sales weekend, Shopify reported sales volume from its network of over $5.1 billion. All rights reserved. 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