Wall Street's Most Accurate Analysts Say Hold These 3 Defensive Stocks With Over 3% Dividend Yields
Portfolio Pulse from Avi Kapoor
Analysts recommend holding three defensive stocks with over 3% dividend yields: Walgreens Boots Alliance, Kraft Heinz, and J.M. Smucker. These stocks are favored for their high dividend payouts during market turbulence.
September 03, 2024 | 12:29 pm
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NEUTRAL IMPACT
J.M. Smucker offers a 3.77% dividend yield. Analysts have maintained neutral ratings with slight price target increases. Despite upbeat earnings, the lowered annual outlook may weigh on the stock.
Analysts have maintained neutral ratings with slight price target increases. While the company reported upbeat earnings, the lowered annual outlook may offset positive sentiment, resulting in a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Walgreens Boots Alliance has a high dividend yield of 10.81%. Analysts have maintained neutral ratings but lowered price targets, indicating cautious sentiment. Recent strategic partnership news may provide some support.
Analysts have maintained neutral ratings and lowered price targets, suggesting cautious sentiment. However, the high dividend yield and recent strategic partnership news may provide some support, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Kraft Heinz has a dividend yield of 4.52%. Analysts have maintained equal-weight ratings with slight adjustments to price targets. Recent better-than-expected earnings may provide positive momentum.
Analysts have maintained equal-weight ratings with minor price target adjustments. The recent better-than-expected earnings report may provide positive momentum, suggesting a slight upward impact in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70