3 High-Yield Stocks on Sale
Extreme dividend yields are often a sign of deeply rooted issues in the company and business model behind the dividend-paying stock. For some investors, that's a deal-breaker. For others, it's a call to action. Some of those troubled businesses could come back swinging, unlocking a spring-loaded turnaround play -- and you can still enjoy sky-high effective yields on the low buy-in prices you locked up.
How can you tell the strong turnaround ideas apart from truly doomed underperformers, where the high yields really are red flags? That's the question we posed to a panel of dividend investors here at The Motley Fool, asking them to share some insights that could save ordinary investors from yield-hunting heartbreak.
Read on to see why they would recommend taking a second look at Seagate Technology (NASDAQ: STX), GameStop (NYSE: GME), and Medley Capital (NYSE: MCC). All of these companies have their issues, but they also seem poised to make a strong comeback.
Source: Fool.com
Western Digital Corp. Stock
With 66 Buy predictions and not a single Sell prediction Western Digital Corp. is an absolute favorite of our community.
With a target price of 599 € there is a positive potential of 26.4% for Western Digital Corp. compared to the current price of 473.9 €.
