3 High-Yield Stocks Still Worth Buying
Who doesn't like free money? While they may be somewhat forgotten as the stock market hits seemingly one new high after another, high-yield dividend stocks play an important role in providing steady income for retirees and helping investors hedge against inevitable stock market declines.
But not all high-yield stocks are created equal. Some have fallen in recent quarters as a result of genuine concerns about their business models, while others have simply been given a bad rap. It's this latter group that could be worth a closer inspection.
According to three of our Foolish investors, coal producer Alliance Resource Partners (NASDAQ: ARLP), massive retail chain Target Corporation (NYSE: TGT), and U.K.-based pharma giant GlaxoSmithKline (NYSE: GSK), are three high-yield stocks that may still be worth buying.
Source: Fool.com