Even great businesses go through hard times, which is why you'll want to look at this medical device maker and this healthcare-focused REIT today.
The average healthcare stock has a yield of just 1.8%, which isn't much to write home about today. You can do much better than that with Medtronic ( MDT 4.14% ) , currently yielding 3%, or if you're really income-hungry, Alexandria Real Estate Equities ( ARE ) , now at 6.9%.
Here's why these two high-yield healthcare stocks could be buy-and-hold candidates for your income portfolio right now.
Medtronic is moving in the right direction
A $1,000 investment in Medtronic will get you around 10 shares of the medical device giant. It has operations in the cardiovascular, neuroscience, medical-surgical, and diabetes arenas, and is a