"With the 10-year Treasury yield at just 1.5% and the Fed likely to cut two more times this year, investors should look for opportunities in dividend stocks," says David Kostin, Goldman's chief U.S. equity strategist.AT&T, Kohl's and data storage company Seagate Technology all sport a dividend yield of about 6%, Goldman notes.
Investors have piled into safe-haven Treasurys recently, pushing bond yields to their historic lows last week as stocks sold off. If the market remains shaky in the face of a slowing global economy and the intensified trade war, investors may look to stocks with more steady dividend income, according to Goldman.
stephanewuille Fully agreed. Published our own piece this morning.
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Source: CNBC - 🏆 12. / 72 Read more »