3 High-Yield Tech Stocks to Buy in November
When most people consider investing in tech stocks, buying high-yield dividend payers is usually not high on the list of criteria. That's because tech stocks tend to be volatile, fast-growing (and often yet-to-be-profitable) companies. The businesses underlying most dividend stocks typically have a more stable, steadily growing profile. They also generate ample cash flows to support their payouts.
But on occasion, investors do come across the occasional tech stock that pays you well for the privilege of owning it and has price appreciation potential as well. Here are three high-yield tech stocks worth considering right now.
With its stock down around 10% over the past year and a dividend yielding 3.4% annually as of this writing, semiconductor giant Texas Instruments (NASDAQ: TXN) is a fantastic bet for yield-hungry investors anticipating a rebound. In fact, Texas Instruments' stock price rebound may already be underway. Despite briefly falling to a fresh 52-week low late last month after the company posted disappointing quarterly results, shares have bounced back nicely in recent weeks as traders seemingly bet the worst could be over.
Source Fool.com