If you want reliability – and yield to boot – in an unreliable market, jump into blue-chip stocks.
They all have proven business models, strong track records, sales, reputations and oftentimes, dividends. Look at AT&T (T), for example. After testing a high of $17.59, it pulled back to $16.33, where it caught support and is just starting to pivot higher. Plus, it’s over-extended on RSI, MACD, and Williams’ %R, which tells us it’s overdue to bounce.
Company: Nike (NKE) Over the last few weeks, shares of Nike (NKE) gapped from about $100 to a low of $88.80. However, it’s starting to pivot higher, and could soon refill that gap at around $100. Helping, Bank of America analysts just upgraded the NKE stock to a buy rating with a price target of $113. The firm argues NKE has a newer line up of footwear and apparel products. Plus, the upcoming Olympics should have a positive impact on the stock, too. |
PROOF: New One Ticker (Weekly) Payouts
A multimillionaire stock trader’s research explains how focusing on just one ticker every week has generated payouts up to a rare 2,614% in under 11 days…
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ETF: Vanguard Dividend Appreciation Index Fund (VIG) |
Before You Invest in AI, Watch THIS First
Artificial intelligence is the greatest wealth-building opportunity for regular Americans in the past 150 years.
Some estimate it will be $15.7 trillion boom.
But most folks won’t make a penny.
Why? The AI Paradox. Before you spend one nickel on AI…
You need to watch this first.
Company: Genuine Parts (GPC) |
Election Year Alert: Is your portfolio ready for what’s ahead?
With a Biden vs. Trump rematch on the horizon, and deep divisions in the country, all signs point to another nasty election cycle that looks too close to call.
If there’s one thing that Wall Street hates, it’s uncertainty. So now is the time to prepare your portfolio before things get volatile.
To help weather any election year bumps, we’ve just released a new report, “7 Stocks to Own Before the 2024 Election.”
You can get a free copy here for a limited time.