PLD - Down 34% to 57% These Dividend Stocks Are Screaming Buys
2023-11-10 05:08:00 ET
Looking beyond the biggest of the mega-cap tech stocks, 2023 probably hasn't been a very good year for your portfolio. That's not great for our current holdings, but if you have more money to deploy, and you're looking for dividends and bargains, there are opportunities. But don't just look for dividend stocks that have fallen to bargain levels lately. One of the top stocks on this list has actually had a pretty great 2023, but is still very cheap.
We recently asked three of our top Motley Fool contributors for their favorite dividend stocks that look like screaming buys, and they offered up semiconductor giant Texas Instruments (NASDAQ: TXN) , midstream energy stalwart MPLX (NYSE: MPLX) , and Prologis (NYSE: PLD) , the industrial real estate giant.
Jason Hall (Texas Instruments): Say it with me, friends: Cyclical downturn, secular tailwinds. That's the story for Texas Instruments, the global leader in analog semiconductors. While companies like Nvidia and Taiwan Semiconductor are benefiting from the huge demand for chips to power the latest AI innovations, Texas Instruments is dealing with some weakness in its core industrial customers, not to mention a weird automotive market that's staring down its own downturn as higher interest rates squeeze consumers.
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Down 34% to 57%, These Dividend Stocks Are Screaming Buys