2 Sneaky Dividend Stocks for Savvy Investors
When investors look for dividend stocks, many search for yields above 3%. And that's a fine strategy but it leaves out many companies with bright futures, and solid dividends, that can build on their current yield. That's exactly the case with these two businesses: Goodyear Tire & Rubber (NASDAQ: GT) and, until its name changes soon, Delphi Automotive (NYSE: DLPH).
Many of us drive every day, yet few of us think of tires when it comes to investing. Evolving tire trends could benefit Goodyear's business in the near future. For example, consumer tires have become larger (Goodyear's definition of this category includes tires larger than 17 inches in diameter). Since larger tires have higher margins and the trend suggests tires will become even larger, margins should get a short- and medium-term boost.
Image source: Goodyear Deutsche Bank IAA Cars 2017 Conference, Sept. 13, 2017.https://corporate.goodyear.com/documents/events-presentations/deutsche-bank-iaa-cars-2017-conference.pdf
Source: Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 28 Buy predictions and 15 Sell predictions.
Based on the current price of 17.48 € the target price of 38 € shows a potential of 117.34% for Intel Corp. which would more than double the current price.
