BIPC - Get Ready for 2024 With These 3 Dividend Stocks
2023-12-10 06:09:00 ET
With inflation driving up expenses, many people are searching for ways to boost their income these days. One option is to make investments geared toward generating passive income. That could set you up to make more money next year to help offset some of inflation's sting.
Stanley Black & Decker (NYSE: SWK) , Energy Transfer (NYSE: ET) , and Brookfield Infrastructure Partners (NYSE: BIPC) (NYSE: BIP) stand out to a few Fool.com contributors as great income options for 2024. Here's why they think investors should buy shares of these dividend stocks to position their portfolio to generate more income next year.
Reuben Gregg Brewer (Stanley Black & Decker): There's no point sugarcoating things: Stanley Black & Decker is in a bad place. The industrial stock's financial results have been nothing short of terrible, leading the stock to a decline of more than 50% from its 2021 highs.
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Get Ready for 2024 With These 3 Dividend Stocks