Got $5,000? These 2 High-Yielding Dividend Stocks Are Near Their 52-Week Lows
A positive consequence of a bear market is that there are plenty of good opportunities for investors to buy stocks at reduced prices. By no means does that mean you should buy any struggling stock, but there are some gems out there that offer great value and could be ideal places to invest $5,000 into now.
Two stocks that stand out in particular to me right now include Bristol Myers Squibb (NYSE: BMY) and Verizon Communications (NYSE: VZ). Not only do you get some incredibly stable and large businesses to add to your portfolio, but these stocks will also provide you with some terrific dividend income.
Bristol Myers Squibb is a type of investment that I could see Warren Buffett owning in his portfolio. The healthcare company generates plenty of free cash flow, it is profitable, and it has done a good job of growing its operations via acquisitions over the years, which is no easy feat.
Source Fool.com
