Black Friday Sale: These Dividend Stocks Are Incredible Bargains Right Now
Retailers aren't the only ones marking down prices heading into Black Friday. The stock market has been having a nearly year-long sale, with prices getting cheaper almost every month. Because of that, investors can scoop up some real bargains this Black Friday.
There's a lot of high-quality merchandise on sale right now. Three top-notch dividend stocks Fool.com contributors believe are great bargains right now are Stanley Black & Decker (NYSE: SWK), Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), and Enterprise Products Partners (NYSE: EPD). Here's why they think investors should take advantage of their sale prices to scoop up some shares along with their other Black Friday shopping this year.
Reuben Gregg Brewer (Stanley Black & Decker): There's no nice way to say it, tool giant Stanley Black & Decker is doing lousy right now. The company started 2022 expecting adjusted earnings to fall between $12 and $12.50 per share. By the third quarter, that range had fallen to $4.15 to $4.65 per share. It's little wonder the stock is down nearly 60% so far this year.
Source Fool.com