ET - I'm Buying Up To 8% Yield For Recurring Income
2024-05-24 08:15:00 ET
Summary
- Tech stocks have been performing well, but plenty of dividend stocks remain undervalued with high yields.
- Energy Transfer offers an 8% yield and owns critical infrastructure assets, with strong growth and credit ratings upgrades.
- Crown Castle has a 6% yield and is well-positioned in the cell tower industry, with potential for long-term growth and AI tailwinds.
Tech stocks have been on a tear in recent months, especially with top names like Nvidia ( NVDA ) continuing to churn out eye-popping returns. While it’s tempting to put capital to work in this high-flying sector, I remain committed to growing my income stream through dividend stocks, many of which remain either undervalued or fairly priced....
I'm Buying Up To 8% Yield For Recurring Income