Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
Benzinga has highlighted three high-yielding stocks in the communication services sector recommended by Wall Street's most accurate analysts. These include Cogent Communications Holdings, Inc. (NASDAQ:CCOI) with a dividend yield of 5.56%, The Interpublic Group of Companies, Inc. (NYSE:IPG) with a yield of 3.21%, and Nexstar Media Group, Inc. (NASDAQ:NXST) with a yield of 3.24%. Recent news for these companies include weaker-than-expected Q1 results for Cogent, better-than-expected Q1 earnings for Interpublic, and a new carriage dispute for Nexstar.
July 05, 2023 | 11:35 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nexstar Media Group has a decent dividend yield but is facing a new carriage dispute.
While the dividend yield is attractive, the new carriage dispute could negatively impact investor sentiment and drive the stock price down.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Cogent Communications has a high dividend yield but posted weaker-than-expected Q1 results.
While the high dividend yield is attractive, the weaker-than-expected Q1 results could negatively impact investor sentiment.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
The Interpublic Group offers a decent dividend yield and posted better-than-expected Q1 earnings.
The combination of a decent dividend yield and better-than-expected Q1 earnings could boost investor sentiment and drive the stock price up.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 100