Investors are turning to defensive plays like gold and dividend stocks as economic warning signs emerge. Companies with a history of dividend increases and analyst support are worth considering for stability and potential growth.

Pentair plc (PNR) beat earnings and revenue expectations in the latest quarter, with improving profitability and strategic acquisitions boosting its appeal. The company’s dividend yield of 0.89% and positive analyst ratings indicate modest upside potential of about 3% going forward.

Enterprise Products Partners L.P. (EPD) benefits from the stability of midstream energy operations, consistently increasing its dividend for 28 years. With high yield and volume-driven business, the company remains less vulnerable to oil price fluctuations, leading to a 13% upside potential based on analyst estimates.

Lamb Weston (LW), a packaged food producer, saw stronger-than-expected performance in its latest quarter. Despite challenges in the industry, the company’s dividend yield of 2.59% and history of payout increases offer potential for growth. Analysts forecast nearly 16% upside potential after a recent slump.

Read more at Nasdaq: 3 Dividend Growers That Fly Under the Radar