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<Would love to hear why you picked GSK and not one of the others which have been hitting 52-week lows, which I referenced in this post?

I already own JNJ, PFE, WLP and WAG as my health sector holdings and have been wondering which to buy. >

I also already own JNJ and PFE.

A stock's dividend is a key factor in my choice. If the dividend is above what I could earn from a CD, I am not bothered by stock price movements, as long as the company's business remains stable enough to maintain the dividend. DH and I are retired, so dividends are a source of income for us...not an insignificant factor!

In my experience, good companies with strong dividends have a floor under the price. If the dividend is above the 10-year Treasury, the price will bounce back, as soon as market negativism disappears.

Now, let's look at the dividends of the stocks you mentioned, plus a few more.

GSK 4.8%
JNJ 2.62% (well, that's a little low, but tolerable from such a great company)
PFE 5.36%
WAG 0.92%
WLP 0.0
LLY 3.38% (this is worth putting on the list)
MRK 3.35%

I will keep an eye on LLY and MRK. I wouldn't consider WAG or WLP, because their dividends are way below my cutoff.

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