Dividend Stocks Are Attractive on this Pullback

The stock market has been due for a correction according to Mitchell Clark, contributor to popular financial e-newsletter Profit Confidential. Clark believes that a correction is well-deserved and says he would be accumulating dividend paying stocks on this pullback. “If I were an equity investor looking for new positions this year, I’d wait until the correction plays itself out and I’d be watching my favorite dividend paying stocks for a good entry point,” says Clark.

Clark believes the stock market will be more apt to reward income over growth. “Large-cap, dividend paying stocks have been leading the stock market since last October,” says Clark. The editor thinks this trend will continue right into 2013. Clark doesn’t see any reason why the U.S. stock market can’t reaccelerate this year, especially as we are likely to see sporadic improvement in the economic news.

Source: PRweb

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