3 High-Yield Stocks at Rock-Bottom Prices
High yields and low earnings multiples tend to go hand in hand, but big dividends can be a sign that a company is no longer in a position to deliver solid growth and needs to attract investors through payouts. That means that simply chasing yield can be a dangerous pursuit so we asked a panel of top Motley Fool investors to help readers identify stocks that offer the right combination of sound business fundamentals, sustainable income generation, and attractive valuations.
Read on to see why Fred's (NASDAQ: FRED), Enterprise Products Partners (NYSE: EPD), and AT&T (NYSE: T) made the list.
Image source: Getty Images.
Source: Fool.com