Don't Miss These 3 Stocks With Over 3% Dividend Yields In Tech And Telecom Sector From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Analysts have provided ratings for high-yield dividend stocks in the tech and telecom sector. Nexstar Media Group (NXST) has a dividend yield of 3.38% and received a Neutral rating from Citigroup and a Buy from Rosenblatt. Omnicom Group (OMC) with a 3.23% yield was rated Buy by Citigroup and Equal-Weight by Morgan Stanley. Sinclair (SBGI) offers a 7.45% yield and was rated Buy by Benchmark and Hold by Deutsche Bank. Recent news includes Nexstar launching NextGen TV in NYC, Omnicom's upbeat Q3 earnings, and Sinclair's Diamond Sports in talks with Amazon for a partnership.
December 20, 2023 | 12:42 pm
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POSITIVE IMPACT
Omnicom Group has a dividend yield of 3.23%, a Buy rating from Citigroup, and an Equal-Weight rating from Morgan Stanley, with positive Q3 earnings.
Positive Q3 earnings and a Buy rating from Citigroup could lead to a short-term positive impact on OMC's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Sinclair has a high dividend yield of 7.45%, a Buy rating from Benchmark, and a Hold from Deutsche Bank, with potential Amazon partnership talks.
The high dividend yield and potential partnership with Amazon could positively influence SBGI's stock in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85
NEUTRAL IMPACT
Nexstar Media Group has a dividend yield of 3.38% and mixed analyst ratings, with a recent launch of NextGen TV in NYC.
The mixed analyst ratings with a recent product launch suggest a neutral short-term impact on NXST's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80