The article discusses the resilience of specific dividend stocks, particularly Colgate, in the face of market uncertainties caused by tariffs. With recent court decisions affecting tariffs, investors are advised to remain cautious and not abandon their defensive positions. In light of potential further tariff increases, stocks like Colgate are suggested as safe havens due to their stable cash flow and maturity, despite their low dividend yield. The emphasis is on maintaining a focus on safety-first investing during volatile times.
Colgate (CL) is one of the most stable consumer staples stocks you can buy today. The company is very mature and sells a product that generates recurring cash flow even in the worst of times.
If tariffs persist and the administration follows through on its promise to introduce more aggressive tariffs later, it could spark a flight to safety.
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