Dividend Cut Alert: 3 High Yields Getting Risky
Cogent(CCOI) Seeking Alpha·2024-06-24 19:05
champpixs In general, I really like high-yield stocks (SCHD) and think that at the moment, there are quite a few that are very attractively priced as they have pulled back significantly in the wake of rising interest rates. However, not all high-yield stocks are equally attractive right now. Some are richly valued, as I recently discussed, and others have seen their stock prices plummet, leading to elevated yields. However, in many cases, the market's bearishness on these stocks is justified, and I beli ...