Don't Wait to Buy These 3 Dividend Stocks
The current bull market is one of the longest in history. The extended duration certainly makes it difficult to find slam-dunk buying opportunities at bargain prices, which is supported by the fact that the market looks expensive by many metrics. In fact, the Shiller price-to-earnings (PE) ratio, or the cyclically adjusted PE ratio, of the S&P 500 is higher today than at any other time in history, save for the run-up to the dot-com bubble burst in 2000.
What should long-term investors do, given the market's current frothy valuation? Simple... do what you should do in any market -- that is, buy great companies at great prices and hold forever, rather than trying to time the market by waiting for a pullback.
Looking for where to begin? Don't wait to buy the dividend stocks of Calavo Growers (NASDAQ: CVGW), Green Plains (NASDAQ: GPRE), and General Electric (NYSE: GE).
Source: Fool.com
General Electric Co. Stock
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
As a result the target price of 162 € shows a slightly positive potential of 7.64% compared to the current price of 150.5 € for General Electric Co..