“Investors should expect some challenging months ahead as we navigate uncertainty around global inflationary pressures coming from the continuing pandemic; Chinese lockdowns, which could constrain supply chains further; the Russia-Ukraine war and its implications on energy; as well as ‘noisy’ data,” Adam said. Given that situation, investors would do well to make defensive plays, and Raymond James’ 5-star analysts are pointing out some big dividend stocks for just that. These are div players offering yields of 8% or better, and according to the analysts, they also offer double-digit upside potential.
We’ll start with Camping World Holdings (CWH), a leader in the recreational vehicle (RV) niche. The company offers a full range of RVs, accessories, supporting gear, and related products, such as boating and water sports vessels and gear. Now we’ll turn to the energy industry, an essential place in the world economy. MPLX LP (MPLX) is a midstream company, spun off of Marathon Petroleum some 10 years ago, and its assets include a wide-ranging network of pipelines, river shipping, terminals and refineries, and tank farms – all the infrastructure necessary for the efficient collection, movement, and storage of crude oil and natural gas products. MPLX operates in, on, and near the Gulf Coast, as well as the Great Lakes region, the Rockies, and in Washington State.
Source: Tips Ranks
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2 Big Dividend Stocks Yielding at Least 8%; Raymond James Says ‘Buy’
Posted by D4L | Friday, September 09, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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