3 Excellent Dividend Stocks to Buy on the Dip
Don't wait too long to get in on these outstanding dividend payers.
3 Excellent Dividend Stocks to Buy on the Dip
Overview
Many investors are chasing life-changing gains by buying shares in top artificial intelligence companies. That makes sense. The industry could offer (and already has offered) multiple transformative investment opportunities. It's a great idea to try to capitalize on this. However, it's also important not to forget about other proven strategies for earning solid long-term returns, one of which is to invest in strong dividend-paying corporations. With that in mind, let's consider three dividend stocks that are worth buying right now: AbbVie (NYSE: ABBV), Walmart (NASDAQ: WMT), and Becton, Dickinson (NYSE: BDX).
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AbbVie, a leading pharmaceutical company, has not performed well this year. The company's shares are down 5% year to date. However, that has as much to do with broader weakness in the healthcare sector as anything AbbVie did wrong. In fact, the company's financial results have been pretty strong. The drugmaker exceeded expectations in the first quarter. Further, AbbVie's long-term outlook remains bright. The company's two main growth pillars, Skyrizi and Rinvoq, continue to defy expectations and should remain important growth drivers into the next decade.
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Originally published at www.fool.com.
