Worried About a Stock Market Crash? 2 Magnificant Dividend Stocks You Can Buy Today and Hold Forever As we near the half-year mark, the S&P 500 is up 9% year to date.
The bull market is thriving, and the market just witnessed the largest initial public offering (IPO) ever, with Space Exploration Technology’s $1.8 trillion market debut
That’s a great setup for the rest of the year. There are still two more high-profile IPOs on the table, with Anthropic and OpenAI planning to go public. Many companies have reported strong performance and artificial intelligence (AI) is still driving high gains.
However, investors shouldn’t become giddy and lose sight of the fact that the market is expensive. The more inflated it becomes, the more uncoupled it becomes (to borrow a phrase from Warren Buffett) from “the plodding performances of the businesses themselves.” Investors might think this time will be different as AI companies boast high growth and plush profits, but valuations still have to make sense. If you’re worried about a market crash on the horizon, make sure you have some excellent dividend stocks to fortify your portfolio.