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Wall Street Predicts That These 2 Bank Dividend Stocks Will Rally 30% or More -Breaking


© Reuters Wall Street Predicts That These 2 Bank Dividend Stocks Will Rally 30% or More

An investor should focus on dividend-paying stock with strong fundamentals in light of economic uncertainty and potential pandemic risk. This type of stock will perform well in rising rates, which is likely due to Fed policy and inflation. Wall Street analysts predict that banks will soon pay dividends. Citigroup Inc. Banco Santander S.A. (MC:), to rise more than 30%. Investors cautiously returned the markets Monday after the stock fell over 1,000 points Friday. After news about the spread of the omicron variant to other countries circulated, investors experienced a dramatic sell-off. It has risen 38.4% in the last five days. This is a sign of increased volatility.

The new strain is likely to cause volatility in the stock markets. Therefore, it might be prudent for investors to consider switching to dividend investments to generate a consistent income stream. It may also be a smart move to choose stocks from the banking industry, since banks perform well in an inflationary climate.

It might be worthwhile to add two dividend-paying banks stocks, Citigroup Inc. (C), and Banco Santander S.A. (SAN), to your watchlist. Wall Street analysts predict these stocks will rise by at least 30% in the short term.

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