The reason why many investors turn to dividend-earning stocks is that they can easily outperform the broader stock market in 2019. In 2019, dividend-earning stocks represent an excellent option for those who don’t want to risk a lot, yet gain some profit.
Thankfully, investors can now take advantage of numerous options on the market, and we’re going to give you a basic idea of what to look for.
Stock Market News – Dividend-Earning Stocks in 2019
1. AbbVie (ABBV)
AbbVie is a spinoff of Abbott Laboratories and there’s a simple reason why this company is at their A-game. They produce the best-selling drug in the world, Humira. Humira is a treatment for serious diseases like arthritis and Chron’s disease. For 45 consecutive years, AbbVie increased its dividend, proving that they’re consistent, thus giving you a reason to invest in their stock.
2. Intel Corp. (INTC)
Intel is a company that needs no special introduction. They are the largest semiconductor manufacturers on the planet. Intel sells their stocks at a significant discount after their biggest stock sell-off recently. They are trading at 11 times earnings. Analysts predict that Intel might expand their earnings to 10 percent rate over the next couple of years, as they now work with several different companies in the industry. Being stable and reliable, this stock is one of the best to buy in 2019.
3. Best Buy Co. (BBY)
BBY is one of those companies that were under constant fire from Amazon. Amazon obliterates its competition, yet BBY still has a trick up its sleeve. The company made it through the hardest times, getting its reputation as one of the best physical electronics retailers. BBY doubled their earnings per share in the last couple of years and raised its dividend 32% by the end of 2018. These are the reasons you should look out for this stock.
4. Applied Materials (AMAT)
This tech giant is one of the largest semiconductor equipment manufacturers. At the beginning of 2019, the company traded very low, going for about 8 times earnings. Wall Street, despite this, expects it to grow nearly 17% annually in the next couple of years. 2019 is going to be a year of slower growth for the company but AMAT got the award for the fifth-most patents in the Silicon Valley area. This will help the company stay on top of their game. Source: money.usnews