Get Ready for 2024 With These 3 Dividend Stocks
With inflation driving up expenses, many people are searching for ways to boost their income these days. One option is to make investments geared toward generating passive income. That could set you up to make more money next year to help offset some of inflation's sting.
Stanley Black Decker (NYSE: SWK), Energy Transfer (NYSE: ET), and Brookfield Infrastructure Partners (NYSE: BIPC)(NYSE: BIP) stand out to a few Fool.com contributors as great income options for 2024. Here's why they think investors should buy shares of these dividend stocks to position their portfolio to generate more income next year.
Reuben Gregg Brewer (Stanley Black Decker): There's no point sugarcoating things: Stanley Black Decker is in a bad place. The industrial stock's financial results have been nothing short of terrible, leading the stock to a decline of more than 50% from its 2021 highs.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 10.53% compared to the current price of 38.0 € for Brookfield Corp..
