
Amid concerns over the recent banking crisis, the Fed stands at policy crossroads weighing strong economic data against jittery capital markets in deciding whether to hike interest rates or not. Amid the uncertain market and economic conditions, dividend-paying stocks Oracle Corporation (ORCL), CVS Health Corporation (CVS), and Humana Inc. (HUM) could be solid buy-and-hold stocks for generating a steady income stream.
Before we get deeper into the fundamentals of these stocks and justify why they are attractive retirement picks, let’s discuss what’s affecting investor sentiment.