3 Top High-Yielding Dividend Stocks I Can't Wait to Add to in November
Legendary investor Peter Lynch famously quipped that "the best stock to buy is the one you already own." That's because you've already done the research and have a high conviction in the company's return potential. I've heeded that advice over the years by routinely adding to my highest conviction positions.
I plan to follow it again this month. Even though Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), and Enbridge (NYSE: ENB) are already some of my top holdings, I intend to buy even more shares this November. Here's why I plan to boost my positions in these high-conviction, high-yielding dividend stocks.
Units of Brookfield Infrastructure have inexplicably tumbled by nearly 30% from their 52-week high to around $27.50 apiece. That sell-off has pushed the global infrastructure operator's dividend yield up to 5.6%. That's its highest level in years.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 6.87% compared to the current price of 39.3 € for Brookfield Corp..
