Site icon

7 ‘Strong Buy’ Sector Leaders for 2023 Pay Big Dividends – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Investing<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>December 30&comma; 2022 7&colon;11 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>For over 10 years&comma; technology stocks led the stock market higher&period; It seemed like all that investors needed to do was buy one or all of the FAANG stocks&comma; the five of the best-performing tech-centric stocks of the past decade — Facebook &lpar;now Meta Platforms&rpar;&comma; Amazon&comma; Apple&comma; Netflix and Google &lpar;now Alphabet&rpar; — and huge gains were inevitable&period; However&comma; all these mega-cap tech giants have hit the wall from a growth standpoint and are among many in the sector laying off employees&period;<&sol;p>&NewLine;<p>After the absolute worst year for the tech sector since 2008&comma; it may be time for investors to take a long look at companies in the sector that could outperform in 2023&period; While only suited for aggressive growth investors&comma; the opportunity to add some alpha-generating tech stocks at bargain prices makes sense now&comma; especially for those with some dry powder and cash to put to work&period;<&sol;p>&NewLine;<p>We screened our Darlinez News&period; technology research database looking for companies that are Buy rated&comma; pay the biggest dividends&comma; and have solid upside potential for 2023&period; Seven top companies look like outstanding ideas&comma; and while they all are Buy rated&comma; it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision&period;<&sol;p>&NewLine;<h2>Broadcom<&sol;h2>&NewLine;<p>This stock has been crushed&comma; and while suitable only for more aggressive investors&comma; Wall Street continues to like the company for dividend growth&period; Broadcom Inc&period; &lpar;NASDAQ&colon; AVGO&rpar; has an extensive semiconductor product portfolio that addresses applications within the wired infrastructure&comma; wireless communications&comma; enterprise storage and industrial end markets&period;<&sol;p>&NewLine;<p>Applications for Broadcom’s products in its end markets include data center networking&comma; home connectivity&comma; broadband access&comma; telecommunications equipment&comma; smartphones and base stations&comma; servers and storage&comma; factory automation&comma; power generation and alternative energy systems and displays&period;<&sol;p>&NewLine;<p>Top analysts and many on Wall Street are very positive on the company’s massive &dollar;10 billion share repurchase authorization through December of 2023&comma; which represents about 4&period;2&percnt; of the company’s market cap&period;<&sol;p>&NewLine;<p>Investors receive a 3&period;38&percnt; dividend&period; BofA Securities has a &dollar;680 price target on Broadcom stock&period; The consensus target is &dollar;646&period;31&comma; and shares ended Thursday at &dollar;557&period;81 apiece&period;<&sol;p>&NewLine;<div class&equals;"recirc recirc-text">&NewLine;&Tab;&Tab;&Tab;<strong><&sol;p>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;ALSO READ&colon; Winter Is Here and Very Cold&colon; 7 Dividend-Paying Natural Gas Stocks to Jump on Now<br &sol;>&NewLine;&Tab;&Tab;&Tab;<&sol;strong>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<h2>Cisco<&sol;h2>&NewLine;<p>Investors who are more conservative may want to consider this mega-cap tech leader&comma; which recently posted outstanding quarterly results&period; Cisco Systems Inc&period; &lpar;NASDAQ&colon; CSCO&rpar; designs&comma; manufactures and sells internet protocol &lpar;IP&rpar; based networking products and services related to the communications and information technology industry worldwide&period;<&sol;p>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

Exit mobile version