2 Healthcare Dividend Stocks to Buy as the Tech-Heavy Nasdaq Dips Below Correction Territory
Many tech stocks have moved lower, along with the tech-heavy Nasdaq Composite, in recent months. This is partly because there are growing fears of a recession. While some beaten-down companies could eventually bounce back — making them worth sticking with for those with a long investment horizon — some investors are choosing to rotate their cash into more stable companies,
Read MoreVDC vs. RSPS: For Consumer Staples ETFs, Does Equal Weighting Beat Lower Costs?
The Vanguard Consumer Staples ETF (VDC +0.55%) and Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS +0.41%) both focus on the consumer staples sector, but VDC charges a fraction of the expense ratio,
» Read more about: VDC vs. RSPS: For Consumer Staples ETFs, Does Equal Weighting Beat Lower Costs? »
Read MoreUS Stock Market Today | Dow Jones |Nasdaq Live | Dow falls 200 pts, S&P, Nasdaq slide as investors assess Middle East developments
Wall Street’s key indexes trimmed losses and showed muted trading on Thursday, the final session of a shortened holiday week, as investors weighed reports that energy shipments through the strategic Strait of Hormuz could resume. Iran is reportedly drafting a protocol with Oman, while Britain said around 40 nations are exploring joint measures to reopen the waterway and prevent disruptions to the global economy.
Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rebound On Iran’s Plan To Monitor Traffic In Hormuz
Meanwhile, Iran looks ready to present the new scheme of passage through the Strait. Iran plans to monitor traffic through the world’s key oil route together with Oman. Any vessel that passes through the Strait of Hormuz would be required to pay a toll.
Recent reports indicated that some vessels have already started to pay Iran to get through the Strait of Hormuz.
Read MoreUS Stock Market Today: S&P 500, NASDAQ Drop as Trump’s Iran Deadline Lifts Oil and Treasury Yields
US and European equities moved lower as investors reduced risk exposure. The S&P 500, NASDAQ 100, Dow Jones Industrial Average, Stoxx Europe 600, and MSCI World Index all fell during the session. At the same time, Treasury yields advanced, which added more pressure to stocks, especially rate-sensitive sectors.
Moreover, the decline extended beyond equities.
Read MoreThe Burst
Why This Buffett Stock Is a Forever Buy
Among Warren Buffett’s favorite investments is Coca-Cola, a Dividend King that has raised its dividend annually for a remarkable 62 consecutive years. This track record puts Coca-Cola in the elite club of dividend-paying stocks that have increased their dividends annually for at least 50 years.
Such consistent dividend hikes not only help investors to combat inflation but also substantially compound their returns.
» Read more about: Why This Buffett Stock Is a Forever Buy »
Read MoreThe Ivy
Is Your Favorite Pharmacy About To Go Belly Up?
Walgreens Boots Alliance stands at a critical juncture in the company’s 170-year history with revenues of $147 billion but a market capitalization of just $7 billion.
A heavily burdened balance sheet has been the prime culprit of the stock’s downfall but, under new CEO Tim Wentworth, management is undertaking an ambitious realignment aimed at stabilizing the core pharmacy business while taking the chop to some of its healthcare investments.
» Read more about: Is Your Favorite Pharmacy About To Go Belly Up? »
Read MoreThe Spotlight
Forgot Zoom? That’s Why It’s Time To Buy
During COVID, you couldn’t tune into financial news networks without hearing about Zoom. The company and its stock was the poster-child for thriving businesses during lockdowns. On January 3, 2020, ZM share price closed at $67.28 per share. By October 16, just 10 months later, it had soared to $550 per share, an all-time high that still stands today.
» Read more about: Forgot Zoom? That’s Why It’s Time To Buy »