3 Dividend Stocks to Buy Hand Over Fist
Dividend stocks are always popular for the passive income they provide. However, not all dividend stocks are created equal. Right now, I recommend Costco Wholesale (NASDAQ: COST), (NASDAQ: SBUX), and Williams-Sonoma (NYSE: WSM) as three dividend payers to buy hand over fist. Here's why.
Costco has soundly beaten the S 500 over its years on the market. Its membership model generates customer loyalty, and its low prices drive high sales volume. Even now, when sales growth has come to a trickle, its membership metrics tell a different story. In its fiscal third quarter, which ended May 7, its membership increased 7% year over year though sales only increased by 1.9%. Also, membership renewals were at record rates: 92.5% in the U.S. and Canada, and 90% globally.
The warehouse chain is experiencing the same pressures as most other retailers, but it's likely to bounce back.
Source Fool.com
Starbucks Corp. Stock
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 42.96% for Starbucks Corp. compared to the current price of 68.55 €.
