Dividends4Life: 5 Tech Stocks to Buy for the Dividends

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5 Tech Stocks to Buy for the Dividends

Posted by D4L | Saturday, June 13, 2015 | | 0 comments »

Tech stocks are once again leading the market, with the sector outperforming both in regards to share performance and earnings results. Even amid top-line pressures across the market, FactSet research reports that the tech sector had one of the highest percentages of companies beating revenue targets — 52%, to be exact. As a result, the sector-focused Technology SPDR (ETF) (NYSEARCA:XLK) is up more than 5% year-to-date in 2015 vs. about 3% for the S&P 500 in the same period.

At the same time, Bespoke Investment Group has identified the tech sector as slightly oversold despite some blowout earnings performances by big-name stocks like Apple Inc. (NASDAQ:AAPL) and Netflix, Inc. (NASDAQ:NFLX). This hints that tech stocks are trading at fair prices despite this recent outperformance. Here are five tech stocks to buy now both for the growth ahead and the prospect of attractive dividends: Digital Realty Trust, Inc. (DLR), Garmin Ltd. (GRMN), Cisco Systems, Inc. (CSCO), International Business Machines Corp. (IBM) and China Mobile Ltd. (CHL).

Source: InvestorPlace

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