O - 3 Dividend Stocks That Set New Highs on Friday -- Are They Buys?
On Friday, the S&P 500 and the tech-heavy Nasdaq indexes declined 0.5% and 1.1%, respectively, in part on news that the Trump administration was weighing actions to limit U.S. investment in Chinese companies.
However, as usual, there were some stocks that bucked the downtrend and set new annual highs during the trading day. Of finviz.com's universe of 3,503 small-cap and larger stocks, 135 stocks -- less than 4% -- fell into this category.
This exclusive club includes the following three dividend stocks: amusement park operator Cedar Fair (NYSE: FUN), real-estate investment trust (REIT) Realty Income (NYSE: O), and water utility Middlesex Water (NASDAQ: MSEX).