Dividends4Life: 3 Dividend Stocks to Buy on Sale

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3 Dividend Stocks to Buy on Sale

Posted by D4L | Thursday, March 19, 2020 | | 0 comments »

As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's laggards that have become undervalued of late. And, it may also be smart to scale back a bit on the big winners, some of which may be ripe for profit-taking. To help make that strategic shift happen here's some insight into three of the market's most underappreciated dividend stocks right now...

It's been tough for investors to forget Wells Fargo (NYSE:WFC) was busted in 2016 after its bank employees opened at least 2 million fake credit card and deposit accounts in order to meet minimum sales requirements. Veteran investors know all too well that a bet on an oil company like ExxonMobil (NYSE:XOM) is essentially a bet on oil prices. Finally, income-minded investors may want to look closely at Cisco Systems (NASDAQ:CSCO). The 24% sell-off the stock's dished out since its July high has pushed its dividend yield up to a respectable 3.1%.

Source: Motley Fool

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