We decided to go on a hunt for quality stocks that for one reason or another have been buried, and not just this year. We found three incredibly solid and well-known dividend stocks that are trading at levels they were at 5 years ago and even longer. The bright spot for investors is that it is very likely that all three continue to pay the outstanding dividends that they have paid to investors for years. While there is always a reason stocks trade lower and stay lower, all of these companies truly have Blue Chip status and likely rebound at some point, until they do, investors can collect some above-average dividends.
This top pharmaceutical stock was one of the biggest winners in the ongoing Covid-19 vaccine sweepstakes. Pfizer Inc. (NYSE: PFE) discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. This is a top telecommunications company that offers perhaps the best value at current levels. Verizon Communications, Inc (NYSE: VZ) is one of the largest US telecom companies. It provides wireless and wireline services to retail, enterprise, and wholesale customers. This huge drugstore chain is a safe retail play for investors looking to add health care now and trades at a very cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance (NYSE: WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.
Source: Wall St. 24/7
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Posted by D4L | Friday, November 17, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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