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2 Dividend Stocks That Are No-Brainer Buys in August

They have businesses built to handle the toughest environments.

In the current volatile market, dividend stocks can provide stability, according to experts. Two such stocks that appear to be strong buys right now are AbbVie (NYSE: ABBV) and Merck (NYSE: MRK). AbbVie, a pharmaceutical leader, offers essential products that are unlikely to be cut back during economic downturns. The company's ability to overcome patent cliffs, which pose a significant risk for drugmakers, is another reason it may be a wise investment in the current landscape.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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