"Top 5 Safest and High-Growth Stocks for 2024"

If you have $1,000 to invest in 2024, some of the safest stocks to consider are Mastercard, NextEra Energy, Berkshire Hathaway, York Water, and Johnson & Johnson. Mastercard benefits from extended periods of economic growth and avoids direct liability to loan losses. NextEra Energy has a predictable operating cash flow and a renewable energy portfolio. Berkshire Hathaway offers the expertise of Warren Buffett and a portfolio of cyclical businesses. York Water is a regulated utility with predictable cash flow and a long history of dividend payments. Johnson & Johnson is a healthcare conglomerate with a defensive business model and a strong balance sheet.