3 Stocks to Load Up On Right Now
The market is trading near all-time highs, but there are still attractive values to be had in dividend stocks.
3 Stocks to Load Up On Right Now
Overview
The SpaceX (Nasdaq: SPCX) IPO has captured the world's attention, but it isn't the only stock worth knowing about. In fact, with the S&P 500 index (SNPINDEX: ^GSPC) trading near all-time highs, popular stocks like SpaceX may not be as compelling as unloved companies like United Parcel Service (NYSE: UPS), Clorox (NYSE: CLX), and Realty Income (NYSE: O). Here's why you may want to ignore hot stocks and focus on these dividend payers instead.
United Parcel Service is in the middle of a turnaround. It hasn't been easy or pretty, at least financially speaking. Management has been focused on cutting costs, increasing its use of technology, and leaning into its most profitable business lines. From a big-picture perspective, that has meant increased investment and reduced revenues and earnings. Investors don't like that, and the stock has cratered.
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Originally published at www.fool.com.
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