Published on 27 Dec 2023 on Insider Monkey via Yahoo Finance
In this article, we discuss 16 most promising dividend stocks according to analysts. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Most Promising Dividend Stocks According to Analysts.
This year brought a notable shift in the investment scene, where technology stocks surged ahead, overshadowing the performance of dividend-focused equities. Despite this change, experts advise that investors diversify their portfolios across various asset classes to navigate diverse market situations effectively. This strategy aims to ensure resilience against fluctuations and uncertainties in the market, emphasizing the importance of a well-rounded investment approach that goes beyond focusing solely on one sector or type of stock. Art Hogan, the chief market strategist at B. Riley Wealth, shared insights on investment strategies in an interview with Bloomberg. Here are some comments from the analyst:
“It’s clear that having a diversified portfolio is probably the best way to navigate the investment climate and the best way to do that is owning the S&P 500 — full stop. If you were to start this year by saying ‘everyone says there’s a recession coming so I’m going to invest defensively,’ you got punched in the nose.”