What happened
With midterm elections on the horizon, ISS Stoxx has highlighted a group of dividend-paying cash cow stocks that may offer stability to investors. The selection comes as the market anticipates a new catalyst in the form of the upcoming elections.
Why it matters
Midterm elections often bring uncertainty, and investors may seek refuge in companies with strong cash flows and consistent dividend payments. Cash cow stocks, typically mature companies with predictable earnings, can serve as a stabilizing force in a portfolio during such periods.