The upcoming announcement of Trump's tariff plan has brought attention back to dividend growth stocks as a stable investment option. These stocks have a strong track record of resilience during economic downturns. According to David Bahnsen, chief investment officer of the Bahnsen Group, key sectors for dividend growth stocks include financials, energy, consumer staples, and health care. Bahnsen advises investors to focus on companies with a long-term strategy that consistently increase their dividends each year, rather than reacting to short-term market volatility caused by external factors like tariffs. These companies have shown consistent dividend growth through various economic crises, and their commitment to this strategy is not likely to change due to Trump's tariff proposals. Bahnsen recommends investing in these reliable companies to weather the uncertainties of the market.
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