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PAX - Buy The Dip: 2 Dividend Stocks Getting Way Too Cheap
Patria Investments Limited
2024-04-20 07:30:00 ET
Summary
Dividend stocks are selling off.
We think that this sell off will likely be short lived.
We are buying the dips. Here are 2 of our favorite opportunities.
Over the past weeks, a lot of dividend stocks have sold off because of fears that inflation might be stickier and that interest rates could stay higher for longer.
As a result, the popular dividend ETF, Schwab US Dividend Equity ETF ( SCHD ) dropped by 6% in the past weeks: