Love Dividends? Here's 2 Stocks You Might Want to Buy
Dividends are a key feature of my investment approach. They not only provide a return on my investment (without the need to sell my stock holdings), but they also give me an indication of when it might be a good time to step in and buy a new stock or add to an existing position.
Here are two dividend stocks I own that I think you might want to buy right now: International Business Machines Corp. (NYSE: IBM) and ExxonMobil Corporation (NYSE: XOM).
There's a lot of reasons to dislike technology giant IBM right now. The most notable is the company's 21 consecutive quarters of declining revenue. That's bad, but step back and look at the bigger picture. IBM has been shifting its business from older, lower margin operations like building computers to newer, higher margin businesses like the cloud, security, and artificial intelligence. So it's going in the right direction, it's just taking a longer time than investors would like for the new businesses to ramp up.
Source: Fool.com
International Business Machines Corp Stock
We see a rather positive sentiment for International Business Machines Corp with 16 Buy predictions and 1 Sell predictions.
With a target price of 183 € there is a slightly positive potential of 3.57% for International Business Machines Corp compared to the current price of 176.7 €.
