Got $5,000? These 2 Dividend Stocks Haven't Been This Cheap in Years
When dividend stocks dip in price and go on sale, they can create buying opportunities for long-term investors. This year, in particular, has been a rough one for all kinds of stocks, with the S&P 500 falling 14% since the start of January. Some stocks are at levels they haven't been at in years.
Takeda Pharmaceuticals (NYSE: TAK) and Verizon Communications (NYSE: VZ) are both at multi-year lows, and here's why they could be attractive options for a $5,000 investment.
Takeda Pharmaceuticals is one of the largest drug companies in the world. Its products cover multiple therapeutic areas, including gastroenterology, rare diseases, oncology, neuroscience, and others. For the year ended March 31, the Japanese company reported sales of 3.6 trillion yen ($29.4 billion), which rose 12% year over year.
Source Fool.com