These stocks are trading at a discount compared to a year ago, but there are reasons to expect both will have a winning 2016.
Up and down the markets go, where will they stop? Nobody knows. There's been enough drama on Wall Street thus far in 2016 to rival the latest Kim Kardashian ploy or the newest reality television show.
That drama has included the worst ever two-week stretch to start a year, followed by the biggest quarterly reversal in 83 years when the market climbed strongly to finish the first quarter. West Texas Intermediate crude prices hit a 12-year low and natural gas prices hit a 17-year low. Gold posted its best quarter in 30 years; Japan sold a negative interest rate 10-year bond for the first time; and even the people's champion, Apple, reported a year-over-year sales decline, something it hadn't seen in almost 13 years. And I'm not even going to touch the subject of China's unpredictable economy.
On the bright side, if the market drama continues, it will surely bring investors more opportunities to pick up dividend stocks on the cheap.
Here are two to keep an eye on…
Source: The Motley Fool