7 Analyst Favorite 'Strong Buy' Blue Chip Stocks With 4% and Higher Dividends
We screened our 24/7 Wall St. equity research database looking for Buy-rated stocks of companies that paid at least a 4% dividend. The following seven stocks hit our screens, and all make sense for worried and frustrated investors looking for a safe harbor. It is important to remember though that no single analyst report should be used as a sole basis for any buying or selling decision.
AT&T
The legacy telecommunications company has been going through a long restructuring, has lowered its dividend and has sold off or merged underperforming assets. AT&T Inc. (NYSE: T) provides telecommunications, media and technology services worldwide.
Citigroup
This top bank stock has bounced nicely off the lows, and Warren Buffett bought a massive $2.5 billion worth of shares back in the summer. Citigroup Inc. (NYSE: C) is a leading global diversified financial service company that provides consumers, corporations, governments a broad range of financial products and services.
Dow
This stock certainly offers investors growth and income potential. Dow Inc. (NYSE: DOW) is a leading materials science company and was formed from the merger of Dow and DuPont in 2017 and the subsequent spin-off 2019. The company is organized into three principal divisions: Performance Materials & Coatings (23% of EBITDA), Industrial Intermediates & Infrastructure (27%) and Packaging & Specialty Plastics (51%).
IBM
This blue-chip giant still offers investors an incredibly solid entry point as well as a massive dividend. International Business Machines Corp. (NYSE: IBM) provides integrated solutions and services worldwide. The company operates through four business segments.
Intel
This legacy leader in semiconductors has been absolutely hammered, and while some feel it is a value trap, it is hard to count out the company that defined the semiconductor revolution. Intel Corp. (NASDAQ: INTC) designs, manufactures and sells integrated digital technology platforms worldwide.
Kraft Heinz
Even in bad times, everybody has to eat, and this company always stands to benefit. Kraft Heinz Co. (NASDAQ: KHC) was formed via the merger of H.J. Heinz and Kraft Foods. The company is a leading global food company, with $29 billion of annual revenues generated by such well-known brands as Kraft, Heinz, Oscar Meyer and Maxwell House. Warren Buffett holds a huge position in Berkshire Hathaway of 325 million shares.
Pioneer Natural Resources
Many Wall Street analysts love this stock as a pure crude oil play and, the company also employs a variable dividend strategy. Pioneer Natural Resources Co. (NYSE: PXD) operates as an independent oil and gas exploration and production company in the United States.
source: https://247wallst.com/investing/2022/10/27/7-analyst-favorite-strong-buy-blue-chip-stocks-with-4-and-higher-dividends/4/
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