Smart Money Dividend Stocks

2013 might rightfully be called the year of the “Clash of the Gurus” to anyone watching the news. The biggest is the very public slugfest between activist investors Bill Ackman and Carl Icahn over nutritional supplements company Herbalife (NYSE:HLF). Ackman is short 20 million shares of Herbalife at last count, and Icahn is long at least 14 million.

I recommend you run as far away from Herbalife as you can right now — you don’t want to get caught in a nasty war of attrition between two masters of the universe — and instead go after these three solid dividend-paying stocks being accumulated by well-known gurus: Archer Daniels Midland, Warren Buffett (ADM); Chesapeake Energy, Mohnish Pabrai (CHK); and Johnson & Johnson, Prem Watsa (JNJ).

Source: InvestorPlace

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