The only thing better than oversold stocks are oversold dividend stocks. The dividend, even if it’s a small one, acts as a hedge if you decide to purchase the stock and the trade moves against you. I do a screen for oversold dividend stocks from time to time, not only because I’m hunting for value, but because oftentimes some names turn up that I’ve never heard of. There’s nothing I like more than a new stock with either a really boring name or one that piques my interest.
This week’s screen turned up three names I’d never heard of. Each of them operates in a specialized area. Each has a good balance sheet. Each also has interesting growth prospects. And each pays a dividend. Let’s take a look: Tractor Supply Company (TSCO), America First Multifamily Investors, L.P. (ATAX) and Inter Parfums (IPAR).
Source: Investor Place
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3 Oversold Dividend Stocks to Buy
Posted by D4L | Friday, November 07, 2014 | ArticleLinks | 0 comments »________________________________________________________________
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