Top Wall Street analysts prefer these dividend stocks to strengthen portfolios

The Federal Reserve recently cut interest rates by 50 basis points, setting a favorable backdrop for dividend-paying stocks.

Janela also highlighted other advantages like higher cash operating margins and a solid M&A track record, which make NOG a compelling investment. He pointed out that the company offers attractive cash returns via its above-average base dividend yield and growing share buybacks. The Uber Eats partnership will start this fall with a pilot for delivery at about 100 Olive Garden units. Saleh expects the Uber Eats partnership to generate a mid-single-digit comparable sales benefit over time. The analyst noted that while Q1 FY25 performance was impacted by unexpected industry weakness in July, the company's comparable sales growth turned positive across all brands, except Fine Dining, in September.

Canada Canada Latest News, Canada Canada 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 bullish on these 3 dividend-paying stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Walmart and Energy Transfer.
Source: NBCDFW - 🏆 288. / 63 Read more »

Top Wall Street analysts find these stocks promising for the long haulTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Netflix and Costco Wholesale
Source: NBCDFW - 🏆 288. / 63 Read more »

Top Wall Street analysts pick these dividend stocks for attractive returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including McDonald’s and Chord Energy
Source: NBCDFW - 🏆 288. / 63 Read more »

UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs'We now have a Labour government whose number one priority is wealth creation,' U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin.
Source: CNBC - 🏆 12. / 72 Read more »