Wall Street's Most Accurate Analysts Say Hold These 3 Risk Off Stocks Delivering High-Dividend Yields
Portfolio Pulse from Lisa Levin
The most accurate Wall Street analysts have recommended holding three high-dividend yield stocks in the consumer staples sector: Altria Group, Walgreens Boots Alliance, and Medifast. Altria Group recently reported a slight miss on Q2 FY23 revenues, Walgreens announced its CEO will step down and expects FY23 adjusted EPS at the low end of its range, while Medifast posted better-than-expected Q2 results.
September 22, 2023 | 11:36 am
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POSITIVE IMPACT
Medifast posted better-than-expected Q2 financial results.
Medifast's better-than-expected Q2 results could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Altria Group's Q2 FY23 revenues slightly missed analyst consensus.
Altria's slight miss on Q2 revenues could negatively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Walgreens Boots Alliance announced its CEO will step down and expects FY23 adjusted EPS at the low end of its range.
The announcement of the CEO stepping down and lower expected EPS could negatively impact Walgreens' stock price in the short term.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100