UPS - These 3 Out-Of-Favor 4% Yielding Stocks Are A Buy
2024-07-01 14:25:18 ET
Summary
- UPS, T. Rowe Price, and Eversource Energy each have dividend yields exceeding 4%, suggesting undervaluation.
- Despite near-term challenges, all three companies retain competitive advantages and long-term growth potential.
- UPS benefits from distribution scale, T. Rowe Price has a retirement fund franchise that performs well, and Eversource is a regulated monopoly, making them attractive buys.
The stock market is cyclical-any long-term investor will tell you that. Equities go through economic and financial cycles, and as a result, they are sometimes overvalued and undervalued. The dividend yield is a good measure of comparative valuation....
These 3 Out-Of-Favor 4% Yielding Stocks Are A Buy