If you’re interested in getting into the S&P 500, it seems like a good time to do so. Earnings are rising, GDP growth is strong, the unemployment rate is falling, and wages are heading upward.
There’s just one problem: as I wrote a few months ago, the S&P 500 is a lousy bet.
There are a couple reasons why, the biggest being the income problem. If you buy into the SPDR S&P 500 ETF (NYSEARCA:SPY) or the Vanguard 500 Index Fund (NYSEARCA:VOO), you’re going to get a dividend yield of less than 2%. So buy $500,000 worth of those funds and get a whopping $791 monthly in cash dividends.
That’s just not good enough.
Today I want to show you 3 funds that yield over 9%, on average. Buy into this trio with $500,000 and you’ll get $3,837 in monthly income.
Now that’s more like it!
The best part is that these funds provide this higher income stream without taking on much more risk than SPY and VOO. In fact, all three invest most of their net asset value (NAV) in S&P 500 companies.
Top 5 Dividend Stocks For 2018: SPX Corporation(SPW)
- [By Damon Churchwell]
These companies manufacture processing products used by industries such as food and beverages, oil & gas, and wastewater treatment, among others. They serve a wide range of end markets that are mostly poised for increased earnings and are likely to spend on capital projects. While these positive trends persist, flow technology companies’ prospects ought to remain favorable. Let’shighlight several sector participants, starting with a top selection,SPX(NYSE: SPW),.
Top 5 Dividend Stocks For 2018: S&P GSCI(GD)
- [By WWW.THESTREET.COM]
General Dynamics (GD) is number four in the U.S. The company provides combat vehicles; information technology solutions for the military; maintenance overhaul and repair for military aircraft; submarines; and surface ships.
- [By Rich Smith]
As details about the Pentagon’s plan have emerged, it’s become clear that this will be a sizable program, amounting to perhaps $1 trillion in spending over 30 years — not just to upgrade the Minuteman missiles, but also to buy new B-21 stealth bombers from Northrop Grumman (NYSE:NOC)and have General Dynamics (NYSE:GD) and Huntington Ingalls (NYSE:HII) design an entirely new class of ballistic missile submarines (to be known as the “Columbia class.”)
- [By Craig Jones]
On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high bullish options activity in General Dynamics Corporation (NYSE: GD). He said that traders were buying the May 190 calls for $3.30. The trade breaks even at $193.30 or around 3 percent higher. Najarian bought calls in General Dynamics and he is planning to hold them for two weeks.
Top 5 Dividend Stocks For 2018: Amphenol Corporation(APH)
- [By Darren Williams] Although the entire cannabis space has quietly taken a hit of their own medicine in recent weeks and gone to sleep, don’t think for one second the entire space isn’t going to light up again soon. That’s just what they do, right? However, knowing who the pretenders are and knowing who the contenders are is really the challenge when it’s comes right down to it.
First, anyone who claims to be a grower or a seller of cannabis can’t for one second ever make it as a public company right now, or can even legally consider being a public company for that matter, so you can scratch any of those right off your list. At least here in the U.S. anyway, because Canada is already well ahead of the curve having legalized it for medicinal purposes already.
More importantly, full legalization of marijuana in Canada appears to be on track for July 2018, which will make Canada just the second nation in the world after Uruguay to completely legalize the cultivation, sale and possession of the drug for medical and recreational purposes.
Regardless, the best time to buy any stocks in a hot growth sector is when either everyone has forgotten about them, or when the overall market landscape has turned bearish, which has yet to happen. However, the former seems to be the case for the cannabis space, despite some very favorable state legislation last Fall.
For now, as long as you have a license issued by Health Canada, you’re good to go, so there are some stocks trading in Canada already who are well on their way to making some green for investors. Canopy Growth Corporation (TSE: WEED), formerly Tweed Marijuana Inc., is a medical marijuana company based in Smiths Falls, Ontario. Aurora Cannabis Inc. (CVE: ACB), which is engaged in the production and sale of medical cannabis. There’s also Aphria Pharmaceutical Company (TSE: APH), which also is engaged in producing and selling medical marijuana through retail sales and wholesale channels.
There are many more, but those are just a
- [By Lee Jackson]
This is the top pick in the sector and has remained a favorite at RBC for some time.Amphenol Corp. (NYSE: APH) is one of the worlds largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable.
Top 5 Dividend Stocks For 2018: TAL International Group Inc.(TAL)
- [By Craig Jones]
Instead of buying TAL Education Group (ADR) (NYSE: TAL), Cramer would buy Alibaba Group Holding Ltd (NYSE: BABA).
Cramer thinks Burlington Stores Inc (NYSE: BURL) is going to have a good quarter, because Ross Stores, Inc. (NASDAQ: ROST) posted a good one, and they have similar business models.
Top 5 Dividend Stocks For 2018: CRB Futures Index(CR)
- [By Lisa Levin]
Crane Co. (NYSE: CR) shares were also up, gaining 12 percent to $67.56 on stronger-than-expected Q3 earnings.
Equities Trading DOWN
- [By Monica Gerson]
Crane Co. (NYSE: CR) is expected to post its quarterly earnings at $0.86 per share on revenue of $644.60 million.
Oceaneering International (NYSE: OII) is projected to post its quarterly earnings at $0.35 per share on revenue of $641.85 million.