CA - Forget The S&P 500 - 3 Fantastic Dividend Stocks With Double-Digit Return Potential
2024-07-01 07:30:00 ET
Summary
- The S&P 500’s first-half surge, driven by AI giants, poses diversification risks. Its concentration may lead to underperformance if the AI rally slows down.
- This tech-heavy market has left many great stocks undervalued. Identifying these opportunities is key to navigating potential future market shifts effectively.
- I've found three dividend stocks with strong potential and attractive valuations, offering a strategic way to diversify and capitalize on market imbalances.
Introduction
Most of my articles are about "big picture" developments. I'm not only doing this to use them as a foundation for stock picks but also because I believe that discussing major developments is sometimes more important than discussing individual stock picks.
I also want to provide value for people who may not like my stock picks to have info for their own stock selection.
Some big-picture developments we have frequently discussed are (some more than others):
- The energy bull case.
- Artificial intelligence.
- A top-heavy S&P 500.
- Inflation.
- Supply chain re-shoring.
- Biden/Biden picks.
- Green transition.