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2 Dividend Stocks That Are No-Brainer Buys in August

Key PointsInvesting in dividend stocks can help anchor your portfolio in a volatile period.

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.

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