It’s probably not possible to entirely inflation-proof your stock portfolio. However, you can fight inflation with a more diversified portfolio. Here we discuss some of the best stocks to buy for that purpose.
It has paid one since 1920 and has increased it for more than 60 consecutive years. As income and dividend growth stocks go, Coca-Cola is a superstar. In addition, according to his 2021 letter, Warren Buffett owns about 9.2% of the shares.
The second stock on the list of best stocks for inflation is International Business Machines (IBM). The company is now positioning itself as a hybrid cloud and artificial intelligence (AI) player.
Investors should look at IBM for its dividend yield, reasonable P/E ratio of 14.1X, and improved outlook. Few blue chip stocks offer as high a dividend yield as IBM. 1. Ticker: IBM 2. Stock Price: $129.4