3 Monster Dividend Stocks to Buy Before the New Year
2023 has been a banner year for the stock market, particularly for megacap growth stocks. But many passive income investors may feel like they've missed out on the epic rally.
High-yield sectors, such as energy and utilities, have underperformed the major indices. But there's reason to believe the underperformance presents a buying opportunity for patient investors.
ExxonMobil (NYSE: XOM), Kinder Morgan (NYSE: KMI), and American Electric Power (NASDAQ: AEP) are all down year to date. Here's why each dividend stock looks like a compelling value and reliable source of dividend income.
Source Fool.com
American Electric Power Inc. Stock
€89.00
-1.110%
Our community is currently high on American Electric Power Inc. with 19 Buy predictions and 4 Sell predictions.
On the other hand, the target price of 87 € is below the current price of 89.0 € for American Electric Power Inc., so the potential is actually -2.25%.
