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The CBOE Volatility Index has increased 9% over the past five days as investors remain worried about the economic recovery because of the resurgence of COVID-19 cases.
So, to hedge one’s portfolio against the severe market volatility in the coming months, we think dividend-paying stocks Artisan Partners Asset Management Inc. (APAM) and Altria Group Inc. (MO) could be good bets now. Given their strong fundamentals, these two stocks are worth holding for the long term.
