Wall Street's Most Accurate Analysts Say Hold These 3 Defensive Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
The most accurate Wall Street analysts recommend holding three high-yielding stocks in the consumer staples sector: Energizer Holdings, Inc. (ENR), Tyson Foods, Inc. (TSN), and The Kraft Heinz Company (KHC). These stocks have dividend yields of 3.61%, 3.70%, and 4.46% respectively. Recent news includes Energizer's plan to invest $43 million in manufacturing in North Carolina, Tyson Foods reintroducing certain antibiotics into its chicken supply chain, and Kraft Heinz's long-term growth outlook of 2%-3% organic net sales growth.
July 07, 2023 | 12:52 pm
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NEUTRAL IMPACT
Energizer Holdings plans to invest $43 million in manufacturing in North Carolina. Analysts maintain a Neutral rating with raised price targets.
The investment in manufacturing could potentially increase Energizer's production capacity and revenue in the long term. However, analysts maintain a Neutral rating, indicating uncertainty about the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Kraft Heinz announced its long-term growth outlook, expecting 2%-3% organic net sales growth. Analysts maintain a Neutral rating with reduced price targets.
The announced growth outlook could potentially increase Kraft Heinz's revenue in the long term. However, analysts maintain a Neutral rating, indicating uncertainty about the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Tyson Foods is reintroducing certain antibiotics into its chicken supply chain. Analysts maintain a Neutral rating with reduced price targets.
The reintroduction of antibiotics could potentially impact Tyson Foods' product quality and consumer perception. However, analysts maintain a Neutral rating, indicating uncertainty about the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100