3 High-Yield Stocks on Sale
Extreme dividend yields are often a sign of deeply rooted issues in the company and business model behind the dividend-paying stock. For some investors, that's a deal-breaker. For others, it's a call to action. Some of those troubled businesses could come back swinging, unlocking a spring-loaded turnaround play -- and you can still enjoy sky-high effective yields on the low buy-in prices you locked up.
How can you tell the strong turnaround ideas apart from truly doomed underperformers, where the high yields really are red flags? That's the question we posed to a panel of dividend investors here at The Motley Fool, asking them to share some insights that could save ordinary investors from yield-hunting heartbreak.
Read on to see why they would recommend taking a second look at Seagate Technology (NASDAQ: STX), GameStop (NYSE: GME), and Medley Capital (NYSE: MCC). All of these companies have their issues, but they also seem poised to make a strong comeback.
Source: Fool.com
Western Digital Corp. Stock
The stock is one of the favorites of our community with 44 Buy predictions and 1 Sell predictions.
As a result the target price of 79 € shows a positive potential of 44.13% compared to the current price of 54.81 € for Western Digital Corp..
