With multiple potential traps clouding the markets, all investors can benefit from this diverse list of dividend stocks
After a disappointing final quarter in 2018, investors have
looked to the new year for a fresh start. So far, we’ve witnessed robust
movements, with the benchmark Dow Jones Industrial Average climbing more than
9% since the beginning of January. Yet slow trades following the State of the
Union Address proves one thing: dividend stocks are still relevant.
As someone who appreciates the speculative components of the
markets, I know exactly what you’re thinking. Over the past few years and prior
to the October meltdown, equities represented tremendous growth potential. At
the height of the bull market, even the vanilla exchange-traded fund SPDR
S&P 500 ETF Trust (NYSEARCA:SPY) enticed onlookers.
But right now, I can confidently state that the best stocks
are dividend stocks. True, the Dow has clawed back most of its October losses.
However, it has so far alarmingly failed to eclipse prior highs. In other
words, the index is charting a bearish trend channel.
Moreover, I’m not sure how economic and geopolitical events
will play out. As I write this, Washington hosts furious debates about border
security. Without an agreement, the nation could suffer another embarrassing
and painful government shutdown.
Also, President Trump has high-stake talks or negotiations
coming up with China and North Korea. Both have significant implications for
our economy, foreign policy and national interests. A victory here is
absolutely crucial for the administration.
Given this framework, I’m placing my bets on dividend
stocks. Below, I’ve listed out top companies to consider based on their
risk/reward structure: three of each of reliable, reasonable and risky names.
To top it off, I’ve added a super-risky dividend stock to invest in.
Without further hesitation, here are my picks for the ten
best dividend stocks to buy for the next ten months:
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