Need another reason to buy tech stocks now? How about this: they’re insulated from interest rate hikes because their huge cash hoard — some $765 billion in all (with about a third of that belonging to my No. 5 pick; see below) — means they can hold off on pricier loans while earning more on their investments. Throw all these things together — surging profits, strong balance sheets, lightning-quick dividend growth and the selloff — and you get a perfect opportunity to go contrarian and snap up some sparkling dividend growers at great prices. Here are 5 strong picks, ranked in the order I’d put them on my own personal buy list today...
No tech-stock article complete without Apple Inc. (NASDAQ:AAPL). And though its dividend yield is too low to get our hearts racing — 1.7% (which is one of the reasons why I’ve ranked it No. 5) — check out the smooth rise in the payout. Intel Corporation (NASDAQ:INTC) is usually written off as yesterday’s news, churning out chips for the dying PC market. Texas Instruments Incorporated (NYSE:TXN) is a chipmaker like Intel, but it doesn’t play on the same field: it makes analog chips, which you’ll find in pretty much every electronic device. Tied for first are two plays from a corner of the market no one links to tech: real estate investment trusts. I’m talking about Prologis Inc (NYSE:PLD), with a 3.0% dividend yield and 379 million square feet of warehouse space in the US, and STAG Industrial Inc (NYSE:STAG), its small cap cousin, which pays 5.0% and does so monthly, to boot.
Source: InvestorPlace
Related Articles:
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Having a few trusty dividend stocks that you can approach with a "set it and forget it" mindset takes a lot of the stress out of i...
-
REITs don’t just pay out attractive yields; many of these companies are terrific operators too. So not only do investors get to collect a so...
-
It’s in volatility like this that the value of dividends truly shines through. The market could be having a massive sell-off, but when a com...
-
The company reported solid results for its fourth fiscal quarter. The business development company once again covered its dividend payout wi...
-
If you are interested in high-yield dividend stocks, it’s better to focus on a company’s history of growing its dividend rather than just lo...
-
When the average S&P 500 company pays less than two percent, a 6.5%-yielding stock certainly deserves income investors’ attention. A Top...
-
When it comes to stock investing while in retirement, dividend stocks tend to be some of best investments you can make. Not only do they ten...
-
While conventional wisdom holds that you reach for yield, my strategy has been to look first for capital gains, then to management teams tha...
-
There are hundreds of high-yield dividend stocks on the market. At least, that's the case if your definition of high dividend yield isn&...
-
I screened for cheap dividend stocks that are showing some upward movement, trading above their 50-day moving average, with a 3% or higher d...
0 comments
Post a Comment
Post a Comment