1 Safe Stock to Buy as Tariffs Trigger Market Crash
There's no such thing as a completely "safe" stock, but some stocks are less risky than others. That's particularly true during times of extreme uncertainty and volatility. The major stock indices have been in free fall since President Donald Trump announced sweeping tariffs last week, and there haven't been many places for investors to hide.Shares of telecom giant AT&T (NYSE: T) have dropped along with the broader stock market, but as this tariff story plays out in the coming weeks and months, AT&T could prove itself to be a relatively safe bet. Here's why.For most people, going without a smartphone and wireless service would be like going without electricity. The devices have become so ingrained in everyday life that wireless service would likely be far down the list of spending to cut in response to economic hardship.Continue reading
There's no such thing as a completely "safe" stock, but some stocks are less risky than others. That's particularly true during times of extreme uncertainty and volatility. The major stock indices have been in free fall since President Donald Trump announced sweeping tariffs last week, and there haven't been many places for investors to hide.
Shares of telecom giant AT&T (NYSE: T) have dropped along with the broader stock market, but as this tariff story plays out in the coming weeks and months, AT&T could prove itself to be a relatively safe bet. Here's why.
For most people, going without a smartphone and wireless service would be like going without electricity. The devices have become so ingrained in everyday life that wireless service would likely be far down the list of spending to cut in response to economic hardship.