Seven Dividend-paying Investments to Purchase for Profiting Amid the COVID-19 Pandemic

The seven dividend-paying investments to purchase for profiting amid COVID-19 show resilience by outperforming their peers through the use of artificial intelligence, cloud computing, software and automation. Three of the seven dividend-paying investments to purchase for profiting amid COVID-19 are exchange-traded funds (ETFs) suggested by Bob Carlson, chairman of the Board of Trustees of Virginia’s Fairfax County Employees’ Retirement System with more than $4 billion in assets.

One broad-based fund that Carlson said he likes is iShares Global Industrials (NYSEARCA: EXI), an ETF that seeks to track the S&P Global 1200 Industrial Index. Those who want to invest primarily in the United States can consider iShares U.S. Industrials (BATS:IYJ), which tracks the Russell 1000 Industrials Index, Carlson said. Investors who want to be more aggressive in the industrial automation sector than the other two funds should consider the Invesco DWA Industrials Momentum ETF (NASDAQ: PRN), Carlson said. Rockwell Automation (NYSE: ROK), a Milwaukee, Wisconsin-based global supplier of industrial automation equipment, software and services, holds a 3% share of the global automation market. PTC Inc. (NASDAQ: PTC), a Boston-based computer software and services company, offers computer aided-design (CAD), product lifecycle management (PLM), internet of things (IoT) and augmented reality (AR) software. Emerson Electric (NYSE: EMR), a diversified industrial technology company headquartered in Ferguson, Missouri, adjacent to St. Louis, received a buy recommendation and a $120 price target from BofA. Honeywell International, Inc. (HON), is a Charlotte, North Carolina-based provider of aerospace and building technologies, performance materials and technologies.

Source: Dividend Investor

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