Down on Earnings, These 3 Dividend Stocks Are Great Buys Now
Earnings season is upon us. While posting good quarters over time is a recipe for success, it's important not to focus too much attention on a three-month window. However, Wall Street's insatiable appetite for valuing a company's quarterly performance against expectations means that even large and stable stocks can make big moves to the upside or downside based on earnings information.
Defense dynamo Lockheed Martin (NYSE: LMT), premier pipeline player Kinder Morgan (NYSE: KMI), and coffee kingpin Starbucks (NASDAQ: SBUX) all slipped on earnings. Each stock has been down 5% or more over the last week. All companies can face challenging periods, but the great ones are able to persevere. Here's why each of these three dividend stocks is a good buy now, and why buying all three as a basket provides even more advantages.
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Source Fool.com
