WMB - I'm Buying The Dip With Up To 7% Yield
2024-05-03 07:15:00 ET
Summary
- Earnings season presents buying opportunities for stocks that have experienced a dip in price after reporting Q1 earnings.
- Enterprise Products Partners offers a 7% yield and has strong fundamentals, including a well-covered distribution and positive outlook.
- CVS Health has a 5% yield and has been punished for higher medical utilization, but its pharmacy business is producing steadily growing results.
Earnings season can be a great time to pick up bargains, especially when the market makes an overreaction to the downside on just 3 months' worth of results. Perhaps that's why some European companies only report earnings twice a year....
I'm Buying The Dip With Up To 7% Yield