There’s a lot of optimism that the economy and day-to-day life will get back to normal next year now that there are multiple vaccines showing a high rate of efficacy in preventing COVID-19. However, there’s no guarantee how things will play out in 2021 and especially given how unpredictable this past year has been, investors may want to stick to low-risk investments that can do well under many different scenarios to keep their portfolios safe.
Two safe stocks you can buy today include Abbott Laboratories (NYSE: ABT) and Microsoft (NASDAQ: MSFT). Their businesses have done well over the years, including during the pandemic, and will likely continue doing so for the foreseeable future. Here’s why they’re optimal buys for risk-averse investors.