Top Wall Street analysts like these dividend-paying stocks

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

News News

Business Business Latest News,Business Business Headlines

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including IBM and Ares Capital.

The major averages have been on a sharp upward turn since Donald Trump won the presidential election last week, but investors who want to buffer their portfolio from future market shocks may want to add dividend stocks.

Scotto highlighted EPD's robust backlog of organic growth projects, with notable projects expected to come online next year and fuel the company's growth. The analyst also expects the company to benefit from the recently completed acquisition of In Q3, IBM generated free cash flow of $2.1 billion and returned $1.5 billion to shareholders through dividends. IBM stock offers a dividend yield of 3.1%.reaffirmed a buy rating on IBM stock with a price target of $240. The analyst stated that after the meetings, he has a"more constructive view of the durability of the company's long-term growth and their critical role as an enabler of hybrid IT + AI technologies.

Overall, Daryanani is confident about IBM's prospects under the leadership of CEO Arvind Krishna. He is optimistic about the company's ability to grow its profit at a higher rate than revenue, thanks to the increasing Software mix, operating scale and cost optimization efforts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts are upbeat on these dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Diamondback Energy
Source: NBCDFW - 🏆 288. / 63 Read more »

Top Wall Street analysts like these stocks for their growth prospectsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Nvidia and Fortinet.
Source: NBCLA - 🏆 319. / 59 Read more »

Top Wall Street analysts prefer these dividend stocks for steady incomeTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including McDonald’s and AT&T.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Wells Fargo shares jump after earnings top Wall Street expectationsThe San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »