Hate Checking Your Portfolio? Try These 2 Dividend Stocks
Managing a portfolio can be a full-time job if you aren't careful with the stocks you pick, and we don't always have that kind of time or dedication. If you hate checking your portfolio, you'll want to pick large, established, and downright boring companies. Dividend aristocrat ExxonMobil Corporation (NYSE: XOM) and high yield Enterprise Products Partners L.P. (NYSE: EPD) are great options if you've got things you'd like to do other than check your portfolio 24/7.
The price of oil has started to stabilize above the $50 a barrel level. That's led to rebounds in the stock prices of many integrated oil companies, but not Exxon. This oil giant, with global operations that span the entire oil and natural gas value chain, has seen its shares fall around 8% so far in 2017. And, unlike many peers, its price to tangible book value is still hovering around 10-year lows. Relative to its own history, Exxon looks cheap today -- and gives you a generous 3.7% yield as well.
Slow and steady performers can help you build wealth, and avoid the hassle of constantly monitoring your portfolio. Image source: Getty Images
Source: Fool.com
Exxon Mobil Corp. Stock
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
With a target price of 123 € there is a slightly positive potential of 14.1% for Exxon Mobil Corp. compared to the current price of 107.8 €.
