Got $1000? Buy These 3 Stocks That Yield 4% or Higher
Stocks that yield 4% or higher are particularly attractive, with the 10-year Treasury rate at 4.3% and the S 500 yielding just 1.5%.
A company's yield is nowhere near as safe as a return guaranteed by the U.S. government. However, investing in high-yield stocks is a simple way to unlock comparable passive income to the risk-free rate while also investing in the stock market. It's the best of both worlds -- so long as the company paying the high yield is a sound and growing business.
Here's why Chevron (NYSE: CVX), Diamondback Energy (NASDAQ: FANG), and Clearway Energy (NYSE: CWEN) stand out as three passive income plays to consider now.
Source Fool.com
Diamondback Energy Stock
€174.42
0.610%
With 58 Buy predictions and 1 Sell predictions Diamondback Energy is one of the favorites of our community.
As a result the target price of 189 € shows a slightly positive potential of 8.36% compared to the current price of 174.42 € for Diamondback Energy.
