Daily Posts Archive
Criticizing Wall Street and major U.S. companies—especially pharmaceuticals—is very popular these days. For Hillary Clinton, Bernie Sanders and Donald Trump, the evils of Wall Street, the major banks and the drug industry are very popular talking points on the campaign trail. And perhaps in reaction to this negativity, leading bank stocks such as Goldman Sachs (GS) and Bank of America (BAC) are down 14.50% and 20% respectively just this year.
Warren Buffett has long been a proponent of stock buybacks. But the numbers no longer support his theory.
Yesterday I wrote about three of my top dividend paying stock picks for this market environment, and today I want to share another three of the best dividend stocks to invest in right now.
For long-term investors, now is a great time to look for high-quality investments that have been dragged down—ideally over a period of several months, so most of the sellers have already bailed—and are now starting to turn around. I recently ran a simple screen for dividend-paying stocks that match my selection criteria. Here are three of them.