Better Dividend Stock: IBM vs. HP
When investors are looking for long-term dividend plays, they often buy blue chip stocks in the consumer staples, financial, pharmaceutical, energy, and utilities sectors. Fewer investors gravitate toward tech stocks -- presumably because they're mostly bought for growth instead of stable dividends. That's why many tech stocks were crushed last year when rising interest rates drove investors toward more conservative investments.
Yet there are still plenty of blue chip tech stocks which provide the same stability, predictable returns, and high yields as the more popular dividend plays. Let's take a closer look at two of them -- IBM (NYSE: IBM) and (NYSE: HPQ) -- and see if either blue chip tech stock is worth buying as an income play in this turbulent market.
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Source Fool.com
HP Inc. Stock
We see a rather positive sentiment for HP Inc. with 13 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 32 € is below the current price of 33.61 € for HP Inc., so the potential is actually -4.78%.
