Investors should make sure they are buying quality names that are growing their payouts, said Goldman Sachs.
Dividend stocks may be back in the spotlight, but investors should make sure they are buying quality companies that are growing their payouts, said Goldman Sachs. Dividend-paying equities are expected to get a lift as the Federal Reserve cuts interest rates. That's because income investors may turn to them as their yields begin to appear relatively more attractive than Treasury yields.
Best Buy CEO Corie Barry also said on the earnings call that demand spurred by artificial intelligence applications should help boost sales. "We believe we are just at the beginning of the impact of AI on tech innovation and customer demand," she said. Shares of Best Buy are up nearly 26% year to date. One bank stock that made the list was Citigroup , which currently sports a dividend yield of 3.58%.
Investment Strategy Stock Markets Best Buy Co Inc Citigroup Inc American Homes 4 Rent REIT Class A Prologis Inc S&P 500 Index Chevron Corp Canadian Natural Resources Ltd Canadian Natural Resources Ltd Dividends John B. Hess Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs CEO contends Harris grossly overstated economic boost that her policies would bringPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Goldman Sachs CEO downplays firm’s report on Harris’ economic planGoldman Sachs CEO David Solomon said the firm's report that Vice President Harris touted showed just two-tenths of 1% difference in growth between her plan and Trump's.
Read more »
Goldman Sachs loves these 4 top European stocks — giving one 110% upsideThe Wall Street bank says U.K. stocks have 'low valuation, buyback, and diversification characteristics.'
Read more »
Goldman Sachs CEO Plays Down Impact of Economic Analysis Cited by Kamala HarrisDuring Tuesday's presidential debate, Vice President Kamala Harris cited a Goldman Sachs analysis that showed her economic plan would strengthen the economy compared to Donald Trump's. However, Goldman Sachs CEO David Solomon downplayed the significance of the report, saying it 'blew up into something that's bigger than what it was intended to be.'
Read more »
Goldman Sachs CEO says report that Harris is better for economy was blown out of proportionGoldman Sachs CEO says study showing Harris ahead is actually by less than one percent
Read more »
Kamala Harris still touts Goldman Sachs review of her economic plan that firm's CEO dismissedGoldman Sachs CEO says study showing Harris ahead is actually by less than one percent
Read more »