Best Dividend Stocks

Discussion in 'Stocks' started by fishindamarket, Jul 26, 2020.

  1. i'm looking into the best dividend stocks - and SAFEST.
    I want to move my savings i have in my bank account getting less than 1% interest to a dividend stock to improve my monthly income off of it.

    Right now I'm looking at REML, T, MO, XOM, MJ, ARR, CLM, OXLC, AGNC

    Any feedback on these tickers? Any better names to look into?
    Looking for safe stocks, maybe some that are beaten down and good dividend so i can make money when stock comes back up along with the dividend

    thanks for any and all feedback!
     
  2. From a savings account to MJ alternative harvest.....idk off the cuff doesn't seem conservative
     
  3. deaddog

    deaddog

    You might want to rethink your strategy;

    Compare overall return against SPY and all the stocks you are considering have underperformed.

    FWIW the stock dividend ETFs (SDOG and NOBL) have also underperformed.
     
    Axon and Nobert like this.
  4. USOI varies but the average is 97% - this month(7/20) was not that great, $100 on 1000 shares.
     
  5. Yes, but it is likely to change...(nothing lasts forever)
     
  6. deaddog

    deaddog

    Including me. How long do I have to wait for it to change?
     
  7. long SPY is not a position I would take at this point so looking for ideas on other plays
    I expect SPY to be very volatile with Vaccine / Election news for the rest of the year... not to mention all the extremely overvalued tech names
     
  8. deaddog

    deaddog

    Let us know what you decide on and we can look at the results in a year. :)
     
  9. I am long Silver(SLV) and happy. Also sold ITM calls against GDX, HACK, and XLP longs. If they call them away from me I am OK with that, except SLV. I want to keep those babies. (ride them to $40...)

    XLP pays an annual 2.8% but it could lose more in a day. This is what you need to figure. USOI and the other Swiss ETN's are pretty stable but they slide too. No options to protect with. Why not just buy a few Sept 240 put on QQQ?
     
    Last edited: Jul 27, 2020
  10. socool

    socool

    BMY recovered massively during the covid hit and LRXC has a good, stable history so I am expecting it to be like that for sometimes.
    QCOM is leading because of 5G
     
    #10     Jul 27, 2020