3 Income Stocks to Help You Ring in the New Year With a Bang
With 2023 drawing to a close, it's time to start looking ahead to the new year. Many investors are already considering making changes to boost their portfolio's performance in 2024.
(NYSE: CVX), Enbridge (NYSE: ENB), and MPLX (NYSE: MPLX) stand out to a few Fool.com contributors as great income stocks to add to your portfolio to ring in the new year. Here's why they think those stocks could put a charge in your portfolio's income-generating capabilities in 2024.
Neha Chamaria (Chevron): Chevron is one of the best oil and gas stocks in terms of dividend stability and growth. The oil and gas producer increased its dividend for the 36th straight year in 2023, and you can safely expect another hike coming your way in January 2024. That's because Chevron is entering 2024 with a bang, so much so that it has already announced a potential 8% raise in its dividend per share next year.
Source Fool.com
Chevron Corp. Stock
With 25 Buy predictions and not a single Sell prediction Chevron Corp. is an absolute favorite of our community.
With a target price of 179 € there is a positive potential of 25.54% for Chevron Corp. compared to the current price of 142.58 €.
