TipRanks

3 ‘Strong Buy’ stocks with an 8% dividend yield

Let’s talk about portfolio defense. After manipulating the Social Flash Mob Market over the past week, this topic should not be ignored. That doesn’t mean the markets are collapsing. After declining 2% at the close of last week’s Friday session, this week’s trading started on a positive tone as the S&P 500 rose 1.5% and the Nasdaq rose 2.5%. The underlying bullish factors – a more stable political scene steadily driving COVID vaccination programs – still play a role, even if not quite as strong as investors had hoped. While heightened volatility might linger with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady stream of income regardless of market conditions, a reliable dividend stock provides a pad for your investment portfolio when the stock ceases to appreciate. With that in mind, we used the TipRanks database to …



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