3 Dividend Dogs About to Become Analyst Darlings in 2023
October 22, 2022 at 05:00 AM EDT
I love dividend stocks that analysts hate. For two reasons: By definition, they can’t be downgraded. In weak moments, they are candidates to be upgraded . And since vanilla investors, for whatever reason, listen to analysts, upgrades can provide a nice “pop” in the stock price. So give us the stocks that can only “fall out of the basement window”—yielding a fat 14.6% on average—that carry this ultimate contrarian indicator: They’ve lost the typically rosy analyst community. Which means it’s time for us to find them. Does Wall Street Say “Sell”? That’s a Big “Buy” Signal Wall Street’s “pros” are an optimistic bunch.… Read more