Top Wall Street analysts like these dividend-paying stocks

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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.

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