Many traders today are looking for cyclical turnarounds, or else are looking to get on the bandwagon of the latest “momentum” stock. These stocks make new highs each day but are untethered from any real value or reason anchor. In the end, they tend to falter when growth fails. I would rather look for reliable stocks that have growth potential, and if they can provide a little pocket money via healthy dividends, all the better. These five stocks yield over 3%, have an average price-to-earnings below 12 times, and offer a 58% upside gain...
So buying one of these cheap dividend stocks gives an investor a long-term edge. First, the stock is cheap on a P/E basis and dividend yield basis. Moreover, the stock is undervalued based on three measures of value. The first is a historical dividend yield method, the second is a historical P/E method, and the third is a peer-based valuation. Here are the five cheap dividend stocks to buy with huge upside potential: Rent-A-Center (NASDAQ:RCII), Jefferies Financial Group (NYSE:JEF)
Cardinal Health (NYSE:CAH), Science Applications Int’l Corp (NYSE:SAIC) and Charles Schwab (NYSE:SCHW).
Source: InvestorPlace
Related Articles:- 2 Dividend Stocks Headed In The Right Direction
- Are The Dividends Safe For These High-Yielding Stocks?
- 3 Dividend Stocks To Avoid The Social Security Blues
- Who Owns The Top Dividend Stocks?
- Wealth is a Journey, Dividend Stocks Can Take You There
5 Cheap Dividend Stocks To Buy For Healthy Yields and Huge Upside
Posted by D4L | Tuesday, July 28, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
This article comes from a recent Preferred Share Update on The REIT Forum. Be advised that share prices are constantly changing, so it's...
-
But aside from its track record as a Dividend Aristocrat with 27 consecutive years of payout hikes under its belt, there's another reaso...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.