These 4 Stocks May be Safer than U.S. Treasuries
October 17, 2011 at 11:00 AM EDT
Since July 22, a global market rout has caused — almost daily — price swings of up to 300 basis points in the S&P 500. Such market volatility and fears of an imminent recession have triggered a "flight to quality" that has even the most stalwart investors seeking safe havens. At one time, U.S. Treasuries were considered the ultimate in safe investing, mainly because of the United States' "AAA" credit rating. The "AAA" rating is reserved for bond issuers with pristine balance sheets and is an extremely rare status. Only a few countries and companies qualify for this distinction, which is as close as you can get to guaranteed creditworthiness. Unfortunately, since Standard & Poor's downgraded . . . → Read More: These 4 Stocks May be Safer than U.S. Treasuries