These high-yielding stocks are beating the market this year

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Shares of Coty, Philip Morris, Western Digital, Exxon Mobil and General Motors don't just pay high dividends, but they're also crushing the major averages this year.

div > div.group > p:first-child"> Five stocks with bountiful dividends are far outpacing the S&P 500 for 2019, showing that not only can they pay out high dividends, they can also produce healthy gains for investors.

"When I look at all these companies and try to determine which has the most potential upside, you really need to look for positive catalysts, and, in my opinion, GM has more positive catalysts than the rest of the group," he said Thursday on "Trading Nation.

"Even though, overall, auto demand is slowing, GM should be able to grow both the top and the bottom lines by focusing on raising prices and also their higher-margin vehicles in two locations: North America and China," he said. "Looking back at WDC, it dropped about 70 percent from its high last March, and now, even after the bounce, it's still 120 percent away from those levels. So the question is, of course, can this bounce continue? And I think the answer is yes," Cappelleri said on"Trading Nation."

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