More than half of investors expect high inflation to be a permanent characteristic of the economy in 2022, with 60% expecting a bear market. The Russian invasion of Ukraine has put a strain on global energy markets, with oil and gas prices reaching new highs. High-interest rates, which are intended to lower inflation, result in stalled growth and increased unemployment. Still, if you know where to place your money, there’s plenty of potential in the market. Investors should not allow negative attitudes to determine their investment decisions, according to CFRA Chief Investment Strategist Sam Stovall.
Insider Monkey picked high-quality blue-chip safe stocks to invest in. Dover Corporation is a manufacturer of industrial products, including automobile aftermarket parts equipment and services. On January 27, the firm reported an EPS of $1.78, which was $0.11 higher than analysts’ expectations. Analysts are optimistic about the company’s organic growth of 7-9 percent in 2022. Broadcom Inc. manufactures and sells semiconductors and software. Data center switches, wireless connection routers, and fiber optics all require semiconductors. In the last year, the company’s stock has increased by 28.35 percent. Walmart Inc. pays a 1.48 percent dividend yield as of April 4 and has increased its dividend distribution to stockholders for 48 years in a row. In the fourth quarter, earnings per share of $1.53 surpassed analysts’ expectations by $0.03. Abbott Laboratories is a global biopharmaceutical company that sells medical and health goods. In 2021, it made $7.7 billion in testing revenue, and in 2022, it expects to make $2.5 billion in Covid testing revenue. The Proctor & Gamble Company reported EPS of $1.66 in the fourth quarter, which was $0.01 higher than analysts’ expectations. The company’s sales for the same period was $20.95 billion, up 6.12 percent over the previous year. For more details, click 10 Safe Stocks To Invest In For The Long-Term In 2022.
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