Dividend stocks haven’t been taking off these days, and that’s in part due to high interest rates. When investors can get healthy returns from low-risk, interest-paying assets, the case for buying Dividend stocks is naturally less appealing. But the good news for long-term investors is that this means stock prices for some solid Dividend stocks are low, and there are some enticing deals available right now.
Bristol Myers Squibb (NYSE: BMY), Cisco Systems (NASDAQ: CSCO), and Starbucks (NASDAQ: SBUX) are high-yielding stocks trading near their 52-week lows that you might want to consider adding to your portfolio.
Bristol Myers Squibb has been underperforming the markets by a wide margin this year. While the S 500 is up by around 17%, this top healthcare stock is down by more than 21%.
Source Fool.com