1 Dividend Stock to Buy Before the New Bull Market, and 1 to Avoid
If a bull market emerges in 2023, prospective investors in dividend stocks will be in a race against time to buy shares while prices are low and dividend yields are high. After a run-up, such companies might not be priced at a bargain anymore, and that means you might be better off waiting for shares to fall once more, losing valuable time to be accumulating dividends in the process.
With that in mind, let's analyze a couple of passive income stocks. One of the pair is ripe for a purchase today, but the other is a tempting trap. Here's why.
Alexandria Real Estate Equities (NYSE: ARE) is a dividend stock that's worth buying soon as a long-term hold to generate a ton of passive income. The company specializes in leasing biomedical laboratory spaces, which it builds out in cities like Boston that are hubs for scientific research and global healthcare businesses.
Source Fool.com
