Three dividend stocks of cash-flow-rich companies poised to thrive during this economic crisis

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Do you agree with these picks?

Value stocks underperformed growth stocks during the decade-plus bull market that ended in March. Now’s the time value strategies can work well, as the economy slowly emerges from a deep slumber.

Free cash flow is the cash left over after a company pays for operating expenses and capital expenditures. AstraZeneca AstraZeneca PLC AZN, +1.04% AZN, -3.06% is based in London. The stock has a dividend yield of 2.56% and is held by all three funds listed below. For investors who want to focus on dividends, Koontz emphasized the importance of looking beyond the U.S.

Four months’ performance for a stock doesn’t mean very much to a long-term investor, but for AstraZeneca it points to “an extremely good pipeline and very good management team.” Koontz cited the company’s Tagrisso lung-cancer treatment, with successful Phase 3 trials ending two years early. Qualcomm’s shares can be volatile, which isn’t unusual in the semiconductor space. However, Koontz sees a very long runway for growth as the company “will be one of the premier providers” of chipsets for 5G smartphones.Prologis Prologis PLD, +2.15% is a real-estate investment trust that develops, operates and leases warehouses and distribution centers, while also providing logistics services. Its top customer, with 17 million square feet of leased space at the end of 2019 was Amazon.

 

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett's lack of stock purchases worries Leon Cooperman - Business InsiderThe hedge fund boss said the restraint shown by the 'greatest investor in my generation' is a red flag for investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Warren Buffett is unhappy with Berkshire's $137 billion cash pile - Business InsiderWarren Buffett's Berkshire Hathaway has a record $137 billion cash pile. Here's why the investor will be frustrated by that fact.
Source: BusinessInsider - 🏆 729. / 51 Read more »