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2 Dividend Tech Stocks to Buy While the Market Is Down

TheMotleyFool

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2 Dividend Tech Stocks to Buy While the Market Is Down

The S&P 500 is inching its way back toward its previous highs, but there are still quality companies trading at cheap valuations and some pay dividends with yields that far exceed the index's current average of 1.26%.

Broadcom (NASDAQ: AVGO) and Intel (NASDAQ: INTC) are riding strong demand trends in the semiconductor industry. Both trade at a discount to the average valuation of other blue chips and, at current share prices, both sport yields of more than 2.4%. Here's why it's the right time to open positions in these two tech component suppliers.