Although a cataclysmic impact of the debt default has been averted, the Fed’s hawkish stance to curb the sticky inflation could trigger a recession later in the year. Amid the existing market volatilities, investors could consider adding dividend stocks QUALCOMM Incorporated (QCOM) and AvalonBay Communities, Inc. (AVB) to their watchlist.
On the other hand, even though The Southern Company (SO) pays a dividend, it could be best avoided for now, given its bleak fundamentals.
