Got $5,000? These 3 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows
If you've got $5,000 you can afford to invest in the stock market today, there are some good opportunities that can make the most of that money. Not only can you find some good long-term buys trading at cheap valuations, but there are also some safe dividend stocks that are trading near their 52-week lows.
Buying dividend stocks at modest valuations can give you the opportunity to lock in higher-than-normal yields while also potentially setting yourself up for the possibility to earn great returns if the stocks end up rallying. Three stocks that could be great options to invest $5,000 in right now are CVS Health (NYSE: CVS), United Parcel Service (NYSE: UPS), and Hershey (NYSE: HSY).
Healthcare company CVS Health is having a tough year. Its shares are down 28% and it's trading near its 52-week low of $52.77. A lot of the damage is self-inflicted, unfortunately, as the company has reduced its guidance for the year three times -- and there are still two quarters left!
Source Fool.com
Hershey Co. Stock
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 210 € there is a slightly positive potential of 18.51% for Hershey Co. compared to the current price of 177.2 €.