In the face of market volatility, many healthcare stocks and dividend-paying investments have combined to be a safe haven for investors. The safe haven theory goes like this: As inflation drives up prices, budget-conscious people focus more on needs rather than wants. Companies that supply what people need have a leg up on those that supply wants.
When looking at companies that supply what people need, Cardinal Health (NYSE: CAH) shows up on my radar. It provides products and services to fulfill health needs and that's helped the company's stock outpace the S&P 500 year to date, with likely more room to run.
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For further details see:
This 1 Healthcare Dividend Stock Has Risen While Others Struggle