2024-01-16 05:45:00 ET
2023 was a great year for the stock market. But outperforming years make stocks more expensive, so folks looking for opportunities in 2024 may find themselves having to pay a premium for top companies, especially growth stocks.
However, there were pockets of the market that didn't have such a great 2023. After surging in 2021 and 2022, energy stocks cooled off last year. As a result, many energy companies with rock-solid earnings are also trading at bargain prices.
Here's why Devon Energy (NYSE: DVN) , Diamondback Energy (NASDAQ: FANG) , and ConocoPhillips (NYSE: COP) are three overlooked dividend stocks worth scooping up this year.
For further details see:
Dividend Investors Won't Want to Overlook These 3 Dirt-Cheap Stocks in 2024