You should never take a job for the money, borrow from friends or date someone based solely on their bank account.
Similarly, you should never reach for just any high-dividend stock.
In recent years of low rates and paltry returns, yield-hungry investors have been drawn to dividend stocks which, at one time, traded at discounts to the rest of the market. However, this valuation advantage has since diminished, raising the question of whether these stocks have become overbought.
In a 2015 blog by Patrick O’Shaughnessy (for his “Investor’s Field Guide”), he wrote, “Prior to 2009—when the bear market bottomed—higher yielders (stocks with dividends above 4%) were cheaper than those with yields in the 2%-4% range 92% of the time. Since then, they’ve been cheaper just 30% of the time.” O’Shaughnessy suggests it may be because yield-hungry investors have bid up share prices.
Hot Cheap Stocks To Own For 2018: Care.com, Inc.(CRCM)
- [By Lisa Levin]
Shares of Care.com Inc (NYSE: CRCM) got a boost, shooting up 16 percent to $11.01 after the company reported upbeat quarterly results.
MaxPoint Interactive Inc (NASDAQ: MXPT) shares were also up, gaining 19 percent to $5.44. MaxPoint Interactive reported Q4 earnings of $0.59 per share on revenue of $46.3 million.
Hot Cheap Stocks To Own For 2018: Peregrine Pharmaceuticals Inc.(PPHM)
- [By Alex McGuire]
Here’s a list of the top 10 penny stocks to watch in March, which includes the biggest gainers last month…
Penny StockCurrent Stock PriceFebruary 2017 ReturnZosano Pharma Corp. (Nasdaq: ZSAN)$2.56+123.3%Bellerophon Therapeutics Inc. (Nasdaq: BLPH)$1.25+113.8%Peregrine Pharmaceuticals (Nasdaq: PPHM)$0.59+101.7%Galectin Therapeutics Inc. (Nasdaq: GALT)$1.79+91.9%Bioanalytical Systems Inc. (Nasdaq: BASI)$1.58+90.6%CymaBay Therapeutics Inc. (Nasdaq: CBAY)$3.50+89.8%Vermillion Inc. (Nasdaq: VRML)$2.56+86.3%Naked Brand Group Inc.(Nasdaq:NAKD)$2.16+76%Eyegate Pharmaceuticals Inc. (Nasdaq: EYEG)$2.63+73.9%Benitec Biopharma Ltd. (Nasdaq ADR: BNTC)$2.60+59.9%
The best-performing penny stock – Zosano Pharma Corp. – soared an incredible 123.3% from Feb. 1 to Feb. 28. To put those gains into perspective, that’s more than five times the S&P 500’s 23% climb in the last 12 months.
Hot Cheap Stocks To Own For 2018: Popeyes Louisiana Kitchen, Inc.(PLKI)
- [By Monica Gerson]
Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) is estimated to post its quarterly earnings at $0.64 per share on revenue of $85.31 million.
SpartanNash Co (NASDAQ: SPTN) is expected to post its quarterly earnings at $0.49 per share on revenue of $2.28 billion.
- [By Ashley Moore]
Popeyes Louisiana Kitchen Inc. (Nasdaq: PLKI) stock is up 19% today (Tuesday) after Burger King’s parent company, Restaurant Brands International Inc. (NYSE: QSR), announced it will buy the fast-food chicken company.
- [By Daniel Miller]
While chicken and burgers might not sound like a match made in heaven for dinner, it could be tasty for investors inRestaurant Brands International (NYSE:QSR). The parent company of Burger King agreed to purchase Popeyes Louisiana Kitchen Inc. (NASDAQ:PLKI).