One senator warned that the “Wild West” era for social media was ending. In response, investors have rotated into more defensive areas of the market such as consumer staples and utilities. This is poised to boost a number of dividend-focused stocks which have been under some pressure lately on account of weakness in long-term Treasury bonds. So not only are yields looking more attractive in these names, but they look ready for some capital gains as well. Here are five dividend-paying stocks to watch:
Ford Motor Company (NYSE:F) shares are working on building double-bottom support near the $9-a-share level after suffering a 25% decline from the levels seen in June. Shares of PPL Corp (NYSE:PPL), an electric utility, are pushing up and out of their post-February bottoming pattern and have crossed up and over their 200-day moving average. Altria (NYSE:MO) shares are rising up and off of support from their 50-day moving average.
Source: InvestorPlace
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