High-yield dividend stocks can provide a good income, growth potential and resilience during market downturns.

Here's why these top stocks are still worth buying in December. Illinois Tool Works, commonly known as ITW, is an excellent example of a company you've probably never heard of but that has been a phenomenal long-term investment.

Whether you prefer growth stocks, value stocks, dividend stocks, or a mixture of investments in your portfolio, price should only be one factor you consider when determining which businesses to add. Dividends can be a great way to increase your returns with time while giving you extra capital to reinvest or keep in your portfolio.