Welcome to Extreme Investor Network, where we provide unique insights and expert advice on all things investing. Today, we are diving into the world of dividend stocks and highlighting three top picks from Wall Street analysts that you may want to consider adding to your portfolio.
First up, we have Energy Transfer (ET), a midstream energy company with a robust pipeline infrastructure spanning 44 states. With a dividend yield of 7.8%, Energy Transfer is a solid choice for investors seeking stable income. Analyst Elvira Scotto from RBC Capital recently raised her price target for ET stock, citing the company’s exposure to the Permian Basin and its potential as a data center/AI beneficiary. Scotto ranks No. 25 among more than 9,100 analysts tracked by TipRanks, making her insights highly valuable for investors.
Next on our list is Diamondback Energy (FANG), an independent oil and gas company focused on the Permian Basin. Diamondback recently acquired Endeavor Energy and has been making strides in integrating the two businesses seamlessly. Analyst Arun Jayaram from JPMorgan increased his price target for FANG stock and emphasized the company’s superior capital efficiency and efficiency gains post-merger. Jayaram’s ranking among analysts on TipRanks is No. 893, making his recommendations a must-read for investors.
Last but not least, we have networking giant Cisco Systems (CSCO) offering a dividend yield of 2.9%. Analyst Ivan Feinseth from Tigress Financial raised his price target for CSCO stock, highlighting the company’s shift towards AI-driven networks and cybersecurity integration. Feinseth is confident in Cisco’s ability to increase shareholder returns through dividends and share repurchases, making it an attractive option for income-focused investors. With a ranking of No. 185 among analysts on TipRanks, Feinseth’s insights are definitely worth considering.
At Extreme Investor Network, we provide exclusive access to expert analysis and top stock picks to help you make informed investment decisions. Stay tuned for more valuable insights and recommendations to level up your investing game.