CWEN - Got $1000? Buy These 3 Stocks That Yield 4% or Higher
2024-03-02 06:15:00 ET
Stocks that yield 4% or higher are particularly attractive, with the 10-year Treasury rate at 4.3% and the S&P 500 yielding just 1.5%.
A company's yield is nowhere near as safe as a return guaranteed by the U.S. government. However, investing in high-yield stocks is a simple way to unlock comparable passive income to the risk-free rate while also investing in the stock market. It's the best of both worlds -- so long as the company paying the high yield is a sound and growing business.
Here's why Chevron (NYSE: CVX) , Diamondback Energy (NASDAQ: FANG) , and Clearway Energy (NYSE: CWEN) stand out as three passive income plays to consider now.
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Got $1000? Buy These 3 Stocks That Yield 4% or Higher