I get questions from retired and income investors asking about oversold dividend stocks. In the current market, a lot of dividends stocks — particularly the more well-known ones — are hitting new 52-week highs on a regular basis. These investors want to know if buying at all-time or 52-week highs is a mistake. The answer is usually, “it depends.” If you have a long-term horizon of, say, ten years or more, it doesn’t really matter. The other answer, however, is that if the investor is looking for solid dividend stocks, there’s no reason to confine oneself to Johnson & Johnson (JNJ).
There are other dividend payers out there, and I prefer to look for stock that are 10% or more off their 52-week highs. It suggests that, in an environment where everyone is looking for yield, that the stock has sold off for reasons that aren’t critical to its ongoing operations. That creates a buying opportunity. Here are 3 stocks I think fit that bill: Deere & Company (DE), Church & Dwight (CHD) and Scotts Miracle-Gro Company (SMG).
Source: InvestorPlace
Related Articles:
- Why We Are Dividend Growth Investors
- 6 Dividend Growth Stocks With Very Little Debt
- What Determines A Dividend Stock's Yield
- Warren Buffett's Secret To 50% Returns
- 9 High-Yield Energy Stocks Growing Their Dividends
Oversold Dividend Stocks to Buy
Posted by D4L | Wednesday, August 13, 2014 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.