Turn to these stocks for high dividend growth and free cash flow yield, Wolfe says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Play defense with dividend strategies, the firm says.

As the economy slows down, investors will want to play defense with dividend strategies, according to Wolfe Research. Yet not all dividend stocks are created equal. While they offer stability and income during times of economic uncertainty, some companies may feel compelled to cut their payouts if times get too tough.

Comcast has an average analyst rating of overweight and has nearly 10% upside to the average price target, according to FactSet. Lennar is also well-liked by analysts, with an average rating of overweight and about 20% upside to the average price target, per FactSet. The homebuilder's stock has rallied this year, spurred by the shortage of houses for sale. Lennar, which is expected to post earnings later this month, was among the homebuilder stocks upgraded by Raymond James in July.

 

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

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines