JEF - S&P 500 Tanks Earnings Soar: 2 Buy-The-Dip Dividend Growth Stocks
2024-04-22 08:00:00 ET
Summary
- S&P 500 experienced a chaotic week, eroding progress made in January 2022, I update my views on my prior market prediction.
- Earnings season off to a strong start, with the majority of firms beating analyst estimates, particularly in the financial sector.
- Two top picks for the rest of the year are given, which have shown superior earnings performance, and have macro tailwinds going forward.
Written by Sam Kovacs
Introduction:
My dividend investment methodology is to first look micro: let's define a universe of stocks with superior attributes. Then look macro: what's my directional view on markets, politics, and sectors? Then once again look micro: Given this worldview, which of the stocks in my universe do I think will do well, and which offer valuations which give us a margin of safety?...
S&P 500 Tanks, Earnings Soar: 2 Buy-The-Dip Dividend Growth Stocks