GLW - 3 High-Yield Tech Stocks to Buy in January
2024-01-03 05:05:00 ET
Many high-yielding tech stocks lost their luster over the past two years, as rising interest rates drove investors toward the safety of certificates of deposit and T-bills. But with many investors expecting interest rates to stabilize or decline in 2024, it makes sense to consider adding a few of these unloved blue chip dividend plays back to your portfolio.
That's because over the long run, many stable blue chip tech stocks with high yields tend to outperform fixed-income investments with set maturity dates. So as the new year starts, I think it would be smart to buy three dividend plays: Cisco (NASDAQ: CSCO) , Texas Instruments (NASDAQ: TXN) , and Corning (NYSE: GLW) .
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3 High-Yield Tech Stocks to Buy in January