15 years, 1 month and 13 days is precisely how long it took Nasdaq to beat the record it had set for itself in 2000 – at the peak of the dot-com bubble. With a diversified portfolio consisting a few dependable tech high-fliers, the index soared to an all-time high last week. It gained 0.4% to close at 5,056.06 on Apr 23 (versus 5048.62 recorded on Mar 10, 2000). However, is the Nasdaq high a breakout or a bubble this time around? With memories of the dot.com bubble still fresh, a hot debate is brewing on the fate of the index.
we picked 5 stocks based on their dividend yield. All these stocks carry a Zacks Rank #1 (Strong Buy). Some of these stocks also flaunt an impressive Zacks style score for value: Calamos Asset Management Inc (CLMS), Cypress Semiconductor Corp. (CY), OFS Capital Corp. (OFS), Silvercrest Asset Management Group Inc. (SAMG), First Community Bancshares, Inc. (FCBC).
Source: Zacks
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