2 No-Brainer Large Caps to Add to Your Portfolio Right Now

Inflation slowed once again in December as the Consumer Price Index (CPI) increased by 6.5% over last year and decreased by 0.1% sequentially. Although progress has been made in bringing inflation down from its high of 9.1% year-over-year rise in June, the central bank remains committed to bringing inflation down to its 2% target.

Policymakers have signaled a slowdown in rate hikes but did not promise an easing. With a pause in interest rates improbable this year, the economy and the stock market are expected to remain under pressure.

With the expected macroeconomic uncertainty, investing in large-cap stocks can be considered secure investments since they are well-established companies and generally exhibit lower volatility. Moreover, these companies are considered to be least affected by economic cycles.

Hence, it could be wise for investors to buy fundamentally strong large-cap stocks Walmart Inc. (WMT) and The Procter & Gamble Company (PG).

Walmart Inc. (WMT)

WMT engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S.; Walmart International; and Sam’s Club. It has a market capitalization of $379.82 billion.

Over the last three years, WMT’s dividend payouts have…

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