One month ago, it was all about an improving economy and jobs picture. Then the horrible May nonfarm payroll numbers came out, and quickly all bets were off. No June rate increase from the Federal Reserve, July looks out, and now one Fed governor says it’s possible there will only be one between now and 2018. Many Wall Street pros think the Federal Reserve is losing credibility with the markets. One thing seems very likely, rates are going nowhere.
Once again, income investors are the big losers as rates remain the lowest in over 50 years, and with many of the bond proxy stocks like utilities, real estate investment trusts (REITs) and master limited partnerships (MLPs) close to fully valued, the decision gets even harder. We screened the major indexes for higher yielding stocks that still have some upside potential. We found four that make good sense now: Frontier Communications Corp. (NASDAQ: FTR), GameStop Corp. (NYSE: GME), Geo Group Inc. (NYSE: GEO) and Iron Mountain Inc. (NYSE: IRM).
Source: Wall St. 24/7
Related Articles:
- 7 High-Rated Dividend Stocks With Above Target Returns
- 4 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 9 Dividend Stocks With A 10%+ Dividend Growth Rate
- 3 Styles Of Successful Dividend Investing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.