So far this year, the stock market has been seesawing amid growing concerns over a Fed-induced recession and other macro uncertainties. Thus, we think investing in Dow-listed blue-chip stocks Walmart Inc. (WMT), Cisco Systems, Inc. (CSCO), and McDonald's Corporation (MCD) this month could help cushion one’s portfolio against market risks by generating a steady income stream.
The major market indexes have been experiencing high volatility lately due to investors’ concerns over rising inflation, the possibility of further aggressive interest rate hikes, and a looming recession. The Dow Jones Industrial Average (DJIA) is down by 3.5% over the past three months.
