2 Dividend Stocks That Are Great for Retirees
The Nasdaq experienced an even more dramatic rebound after two months in the red, adding 3.1% in May. The Dow hit a new high of 16,717. In another telling sign of a rebound, the CNNMoney Fear & Greed index is in neutral territory. It had been languishing in fear for weeks. Related: Fear & Greed Index back to neutral 2.
Stocks slip on consumer spending, sentiment data – Yahoo Finance
So who’s winning? After a good run, new tech companiesbest exemplified by cloud-computing company Salesforce.com have been running out of momentum, Cramer said on ” Squawk on the Street .” “Because the soul of the market is about old tech versus new tech,” Cramer said. “Which do you want? Do you want Microsoft old tech? Or Salesforcenew tech?
Hot stocks: 5 sizzling performers in May – May. 30, 2014
In other words, it pays a higher dividend than the general market while being 66% less volatile — for context, the S&P 500 (SNPINDEX: ^GSPC ) yields 1.95%. And in Exxon’s case, it yields 2.7% and has a beta of .92. These are what is the best stock to invest in the exact qualities that most retirees want in stocks for their portfolio. With this in mind, if you’re in or on the cusp of retirement, then you could do a lot worse than McDonald’s and/or ExxonMobil. Top dividend stocks for the next decade The smartest investors know that dividend stocks simply crush their non-dividend-paying counterparts over the long term.
Coke came to the rescue once again, announcing plans on May 13 to boost its stake to 16%, adding more than $1 billion more. Green Mountain also impressed Wall Street wtih a 22% jump in profits. The final result for Green Mountain is a heavily caffeinated 21% return for the month. 4.
Cramer: ‘New tech’ stocks are running out of gas
The Standard & Poor’s 500 index was unchanged at 1,920 and the Nasdaq composite lost 13 points, or 0.3 percent, to 4,235. The S&P 500 closed at a recorded high on Thursday. NO SALE: Consumer spending unexpectedly fell 0.1 percent in April, according to the Commerce Department. The drop was the first in a year, but economists expect it to be temporary.