The S&P 500 Is at All-Time Highs, and These 3 Stocks Are Still High-Yield Buys
The S 500 has enjoyed a nearly unrelenting rally over the past year. It's up nearly 10% in 2024 and has surged almost 24% over the past 12 months. That has the broad-market index routinely setting new all-time highs.
The S 500's rally also has it trading at a high-valuation multiple (more than 20 times its price-to-earnings (P/E) ratio) and low-dividend yield (around 1.3%), making it harder to find values and compelling income streams.
However, there are still some attractive high-yield buys even as the market hits new highs. Enbridge (NYSE: ENB), Williams (NYSE: WMB), and Enterprise Products Partners (NYSE: EPD) stand out to a few Fool.com contributors for their enticing income streams.
Source Fool.com