3 Dividend Stocks to Buy Hand Over Fist
Dividend stocks are always popular for the passive income they provide. However, not all dividend stocks are created equal. Right now, I recommend Costco Wholesale (NASDAQ: COST), (NASDAQ: SBUX), and Williams-Sonoma (NYSE: WSM) as three dividend payers to buy hand over fist. Here's why.
Costco has soundly beaten the S 500 over its years on the market. Its membership model generates customer loyalty, and its low prices drive high sales volume. Even now, when sales growth has come to a trickle, its membership metrics tell a different story. In its fiscal third quarter, which ended May 7, its membership increased 7% year over year though sales only increased by 1.9%. Also, membership renewals were at record rates: 92.5% in the U.S. and Canada, and 90% globally.
The warehouse chain is experiencing the same pressures as most other retailers, but it's likely to bounce back.
Source Fool.com
Starbucks Corp. Stock
Our community is currently high on Starbucks Corp. with 40 Buy predictions and 6 Sell predictions.
As a result the target price of 97 € shows a slightly positive potential of 3.71% compared to the current price of 93.53 € for Starbucks Corp..
