CMCSA - Yielding An Average Of 4% My Top 3 Buys For July
2024-07-05 07:01:46 ET
Summary
- The highlighted companies are currently out of favor with the market, offering an opportunity to invest in undervalued stocks with high yields.
- Medtronic is a leader in medical devices, U.S. Bancorp is the largest regional bank, and Comcast is a dominant player in broadband and entertainment.
- Each stock has investment grade credit ratings, growing dividends, and projected 5-year PEG ratios below historical averages, making them attractive buys.
The highlighted companies are currently out of favor with the market. The share prices of two of the three stocks are on the decline in 2024, while the third lags by a sizable margin.
However, rather than viewing this development as a negative, I claim the poor performance represents an opportunity to add to my investments in three fairly high yielding stocks. I contend each is undervalued and is a high-quality company with prospects for future growth....
Yielding An Average Of 4%, My Top 3 Buys For July