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
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
High dividend yields are harder to find lately, given the long-running stock market rally. But that scarcity doesn't mean investors have...
-
One little-known tax loophole allows Americans to collect large, growing distribution checks from the government. And investors can begin ea...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
Every investor needs a security blanket -- that piece of the portfolio that needs no attention and doesn't keep you up at night. Busines...
-
The one knock against this midstream company is its higher risk profile compared with its peers. It has been working to address that issue b...
-
I love buying dollar bills for $0.80. Of course, you don’t find many chances like that in the stock market. Whenever such a great deal arise...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
-
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks was simple: Robust economic growth c...
0 comments
Post a Comment
Post a Comment