Several leading dividend-paying stocks in the consumer products and services sector rallied with the broad market Tuesday. Their positive action seems to confirm recent U.S. economic data. The Federal Reserve reported that consumer credit leapt by $20.4 billion in November to $2.48 trillion. That's equivalent to a 9.9% annual rise. Both increases were the biggest in 10 years.
Polaris (PII), Herbalife (HLF), Intuit (INTU) and Stanley Black & Decker (SWK) are forming bases. All four have annual dividend yields of 1.1% to 2.3%. Their three-year earnings stability factors are also excellent. Income investors can benefit from the use of charts just as much as growth stock traders. The reason: Charts help investors track the formation of key price-and-volume patterns before a stock launches big runs. Timing buys is key to maximizing gains and minimizing risk.
Source: Investor's Business Daily
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Dividend Stocks Rise In Consumer Area
Posted by D4L | Friday, January 20, 2012 | ArticleLinks | 0 comments »________________________________________________________________
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