Published on 16 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we discuss 12 best dividend stocks with high upside potential. You can skip our detailed analysis of dividend stocks and their past performance, and go directly to read 5 Best Dividend Stocks with High Upside Potential.
The current state of the US economy is uncertain with many analysts gravitating toward the idea of a recession occurring this year. Citi’s chief US economist, Andrew Hollenhorst, highlighted significant challenges in his interview with CNBC, indicating that the country might fall into recession in the middle of 2024. He said that various factors like consumer weakness, high credit-card delinquency rates, and a weak labor market are indicators of deep-rooted issues within the economic landscape. In times like these, investors mainly focus on increasing their income-generating investments to ensure they have enough cash flow to sustain themselves. Dividend stocks offer reliability in this regard as these equities have proved their mettle in uncertain market conditions over the years.