XOM - 3 Monster Dividend Stocks to Buy Before the New Year
2023-12-10 08:15:00 ET
2023 has been a banner year for the stock market, particularly for megacap growth stocks. But many passive income investors may feel like they've missed out on the epic rally.
High-yield sectors, such as energy and utilities, have underperformed the major indices. But there's reason to believe the underperformance presents a buying opportunity for patient investors.
ExxonMobil (NYSE: XOM) , Kinder Morgan (NYSE: KMI) , and American Electric Power (NASDAQ: AEP) are all down year to date. Here's why each dividend stock looks like a compelling value and reliable source of dividend income.
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3 Monster Dividend Stocks to Buy Before the New Year