These 3 Tech And Telecom Stocks With Over 6% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts recommend three tech and telecom stocks with over 6% dividend yields: CuriosityStream Inc. (CURI), Sinclair, Inc. (SBGI), and AT&T Inc. (T). These stocks are highlighted for their high dividend yields amidst market turbulence. Recent updates include mixed financial results for CURI, a new national correspondent for SBGI, and a data leak affecting AT&T customers.
April 05, 2024 | 12:58 pm
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NEUTRAL IMPACT
CuriosityStream Inc. has a dividend yield of 10.04%, with mixed Q4 financial results. Analysts have adjusted price targets but maintain Buy ratings.
Despite mixed Q4 results, the maintained Buy ratings and high dividend yield suggest a stable short-term outlook for CURI. Analysts' confidence in the stock, despite price target adjustments, indicates resilience.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Sinclair, Inc. has a dividend yield of 7.59%, with recent news of a new national correspondent. Analysts maintain Buy ratings with adjusted price targets.
The addition of a new national correspondent and the maintained Buy ratings, despite price target adjustments, suggest a neutral to positive short-term impact for SBGI. The dividend yield remains attractive.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
AT&T Inc. has a dividend yield of 6.32%, with recent news of a data leak affecting 73 million customers. Analysts maintain Buy ratings with increased price targets.
The data leak could negatively impact investor sentiment and customer trust in the short term, despite the maintained Buy ratings and increased price targets. The high dividend yield may provide some buffer.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 95