2 Dividend Stocks to Buy As Washington Stalls
The federal government officially shut down on Oct. 1 after Congress failed to pass funding, triggering furloughs across agencies and curbing some regulatory activity. But even when Washington goes dark, Americans still buy groceries, pet feed, basic hardware, and pharmacy items. That makes stalwart retailers a sensible place to look for dividends that can compound even during a government shutdown.
Two names fit this bill. Tractor Supply (NASDAQ: TSCO), the nation's largest rural lifestyle retailer, serves hobby farmers, ranchers, pet owners, and do-it-yourself homeowners. (NYSE: KR), one of America's biggest grocers and pharmacies, sells the daily staples families buy regardless of the news out of Washington.
Source Fool.com
Kroger Co. Stock
€60.16
0.300%
The stock is one of the favorites of our community with 25 Buy predictions and 1 Sell predictions.
As a result the target price of 66 € shows a slightly positive potential of 9.71% compared to the current price of 60.16 € for Kroger Co..
