One of my favorite trading strategies is to buy a high-yield dividend stock that's in an overall bull trend when it experiences a pullback. Here are three examples. These companies have reliable dividends, are in a bull trend and are dipping in price. They also have other qualities that warrant your consideration.
Simulations Plus (SLP), which makes software used in drug research, has a market cap of $102 million and is thinly traded with fewer than 100,000 shares a day. Walmart (WMT) is the world's biggest retailer. Walmart takes a lot of heat, but from my observations, the company operates in an ethical and profitable manner. Eli Lilly (LLY) is one of the world's biggest drug makers. If you're on the hunt for a dividend powerhouse with a chart that is moving rapidly from the bottom left to the upper right, Lilly is a strong candidate for your portfolio.
Source: The Street
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