The new year is shaping up to be a volatile one indeed. Inflation is running hot, the Fed continues to raise rates and recessionary risks are growing. All of this – plus plenty of geopolitical worries – have sent stocks on a rollercoaster. Volatility, it seems is here to stay. To that end, buying those segments of the market that can win no matter the economic environment has become the rallying cry for investors.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
But only one sector of the market has guaranteed growth in addition to plenty of safety.
We’re talking about the aerospace & defense industry. As one of the only bipartisan portions of the budget, defense spending continues to rise, supporting the stocks in the sector. It’s also helping support investors with plenty of price returns, buybacks and dividend growth. All in all, the aerospace & defense sector could be the best play for the new year when it comes to income and total return.