Dividends4Life: Dividend Stocks on Sale

Dividend Stocks on Sale

Posted by D4L | Friday, July 05, 2013 | | 0 comments »

The stock market recently logged its biggest one-day dip in over a year. Worries over the Federal Reserve's policies had investors on edge, with many choosing to sell rather than stick through the volatility. Dividend stocks have been hit particularly hard thanks to fears that they'll lose their draw once interest rates begin creeping up. However, there's a much better investment strategy than trying to guess which asset class Wall Street will favor next: Stick with your plan and try to use swings in market sentiment to your advantage.

With that in mind, here are three promising dividend stocks that have gotten a lot cheaper lately: Campbell Soup (NYSE: CPB) has been on a buying binge, Colgate-Palmolive (NYSE: CL) shares are trading well below the $62 high they hit just last month and Comcast (NASDAQ: CMCSA) may be losing cable subscribers, but it is making up for those defections with solid growth in other areas of the business.

Source: Motley Fool

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