Despite all of that potential malaise, JPMorgan stock analysts are holding steady on their calls for these three dividend stocks, yielding some 4% or more, and potentially more if price targets are met. We ran them through TipRanks database to see what other Wall Street’s analysts have to say about them.
We’ll start with a company that engages in oil well drilling and gas exploration. Hemlerich & Payne’s (HP) fortunes have been adversely affected from COVID-induced selling and low demand for oil products. The company has been idling rigs over the past quarter in response to the demand for their products. Kraft-Heinz (KHC), and its subsidiaries manufacture and market food and beverage products in the United States and throughout the world. With revenue of some $25B annually, the company has a market capitalization of $40B.
Source: Sports Grind Entertainment
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