2 Top Stocks for Retirees

Volatile growth stocks might not protect the principal of your investment, and high-dividend securities might be too pricey to buy. On the other hand, if you're in it for income, there isn't much point in buying shares in a company that doesn't pay a dividend or grow rapidly enough to justify holding onto for just a few years. There's no substitute for a well-diversified portfolio, but there are a couple of long-standing healthcare stocks retirees can count on for the earnings stability, dividend payments, and relatively safe growth they desire.