3 Stocks to Watch for Dividends and Protection in 2023| Bow Tie Index

Joseph Hogue
•December 15th, 2022
DESCRIPTION
Safety and returns in a stock, what more could an investor need? These three consumer staples stocks do it all! ✅ Of more than 1,000 tech stocks, these seven are the only ones to make it into the index! https://youtu.be/ZxuWw5ucuUQ
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An update to the official Bow Tie Index, ticker BOWT, and stocks in that Consumer Staples sector that will not only protect your money but also put cash in your pocket. The three stocks I’ll highlight are my three favorite among the hundreds in the sector and your best opportunity for upside returns and dividends.
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✅ Don’t miss the first video in the Bow Tie Index and the best internet stocks to buy for 2023! https://youtu.be/0OJIHD_o59M
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✅ I started in real estate and still love it for long-term wealth but only one real estate stock made my list…here it is! https://youtu.be/Oh7Kk-CfK90
The consumer staples have definitely had the bigger picture in their favor this year. We can see on the SPDR sector tracker how stocks in each group have done, and if we change the time period for year-to-date, we see that only the energy sector has beaten the Staples on returns. In fact, with a loss of just 1.18% on the year, the stocks in Consumer Staples have beaten the broader market by more than 14%, protecting your money.
Clicking on the sector and looking here to the right, you can see stocks in the sector including food processors like General Mills and Campbell Soup; Household products companies like Kimberly-Clark and Procter Gamble, and even the vice stocks in tobacco and alcohol.
The reason these stocks have done so well this year is because these are all products people need to buy. Even the vices like tobacco, people don’t pull back on purchasing as much when a recession hits. That means stable cash flows and stocks that are always going to protect your portfolio.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

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