3 High-Yielding Dividend Stocks That Are on Sale
Finding quality stocks that pay high dividends isn't always an easy task. There are many high-yielding stocks that unfortunately come with significant risks. One way to get around that is to buy shares of good stocks that are struggling in the short term but have the potential to rally in the long run.
Three stocks which fit that criteria and can be solid buys right now are CVS Health (NYSE: CVS), Campbell Soup (NYSE: CPB), and Verizon Communications (NYSE: VZ). Let's see why.
Shares of CVS Health are down 25% year to date, leaving the healthcare stock off to a rough start in 2023. CVS has been expanding its already diverse business via acquisitions, including its $10.8 billion purchase of primary care operator Oak Street Health and its $8 billion deal for home health company Signify Health.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.71% for Verizon Communications Inc. compared to the current price of 38.07 €.
