Top Wall Street analysts are bullish on these dividend stocks

In tumultuous markets, investors can turn to dividend-paying stocks that offer income and can help cushion a portfolio in tough times.

While the consulting business in Q1 2024 was hit by the impact of macro challenges on discretionary spending, the analyst noted that there are many catalysts that hint at increased growth going forward. These catalysts include generative AI ramps, backlog conversion and M&A contribution in the second half of 2024 from previously announced deals. Daryanani is also optimistic about durable growth in the mainframe business.

Benedict thinks that the post-earnings selloff in TGT stock due to lower-than-expected earnings and price cuts announced by the company seems overdone. He contends that an incremental investment in value and affordability via low pricing was always a part of Target's strategy for fiscal 2024. The analyst added that the company's inventory continues to be in good shape.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Top Wall Street analysts prefer these three stocks for the long haulTipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart and Monday.com.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Top Wall Street analysts are feeling confident about these 3 stocks after earningsTipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Apple and Shake Shack.
Fuente: NBCLA - 🏆 319. / 59 Leer más »

Main Street or Wall Street: Who Has the Correct Market Prespective?Stocks Analysis by Jeffrey Roach covering: S&P 500, Target Corporation. Read Jeffrey Roach's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Top Wall Street analysts like these 3 dividend stocks for high yieldsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Realty Income and Ares Capital.
Fuente: NBCDFW - 🏆 288. / 63 Leer más »

Top Wall Street analysts suggest these dividend stocks for income investorsTipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Coca-Cola and Energy Transfer
Fuente: NBCLA - 🏆 319. / 59 Leer más »