Stock Groups

5 Undervalued Dividend Stocks to Scoop Up in October By StockNews

by Mike Robinson

[ad_1]

© Reuters. Five Undervalued Dividend Stocks You Should Buy in October

Market volatility has been exacerbated by rising Treasury yields, inflation and other concerns. Investors who want to hedge their portfolios can bet on dividend-paying shares Gilead Sciences(NASDAQ:), BASF/BASFY, Dow (DOW), KT NYSE: and Hillenbrand. These stocks look overvalued considering their current price levels. The benchmark indexes have seen a significant drop this week due to these changes. On Thursday, the S&P 500 posted its worst monthly percentage decline since the pandemic started.

As concerns related to the continued spread of Delta coronavirus variant, inflation, and the Fed’s taper talks linger, a defensive investment strategy could be appropriate now.

Dividend-paying shares Gilead Sciences, Inc., BASF SE, (OTC), Dow Inc., DOW, KT Corporation, (KT), Hillenbrand, Inc., (HI) are all currently trading at discounted valuations and could make a good investment to avoid volatility in the markets and generate a regular income stream.

Continue reading on StockNews

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts, buy/sell signal, and quotes. You should be aware of the potential risks and financial costs involved in trading in the financial market. It is among the most dangerous investment options.



[ad_2]