In a market obsessed with hypergrowth stocks, defensive stocks are often overlooked as dull. Yet, these so-called “boring” stocks tend to shine when volatility rises. In a diversified portfolio, these defensive dividend stocks serve as safe haven assets, providing stability, consistent returns, and stable income. With an extraordinary 54-year streak of consecutive dividend hikes, Abbott Laboratories (ABT) has earned its place as a Dividend King and could continue to be a winner in your portfolio.
Is ABT stock a buy now?
