PFE - 2 High-Yielding Healthcare Stocks to Buy With $1000 in July
2024-07-01 10:48:00 ET
It's been a big year for most stocks, with the S&P 500 index up about 24% over the past 12 months. A rising market is wonderful for the stocks already in your portfolio, but finding new investment opportunities is a lot more challenging than it was a year ago.
A buoyant stock market makes it harder to find compelling investment opportunities, but not if you know where to look. With artificial intelligence-related businesses absorbing most investors' attention, the healthcare sector is full of underappreciated stocks.
This is a good time for income-seeking investors to consider the underappreciated pharmaceutical industry. Shares of Pfizer (NYSE: PFE) and AbbVie (NYSE: ABBV) offer dividend yields that are miles above the market average, and there's a good chance they'll keep raising those payouts for at least another decade.
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2 High-Yielding Healthcare Stocks to Buy With $1,000 in July