As the Federal Reserve begins its rate-cutting cycle, investors are looking for high-dividend stocks with strong upside potential to capitalize on the changing market dynamics. At Extreme Investor Network, we have identified a few key stocks that stand out in this environment, offering both attractive dividends and potential for growth.
One such stock is energy giant Exxon Mobil, which boasts a low debt-to-equity ratio of 16% and a dividend yield of 3.37%. Analysts forecast a potential upside of over 17% for Exxon over the next year, making it a favorite among investors looking for stability and growth in their portfolio.
Another standout stock from our analysis is Devon Energy, with the highest dividend yield on the list at 5.05% and the potential to gain over 40% according to analysts’ average price target. Despite a rough year to date performance, Devon Energy remains a strong contender for investors seeking high dividends and growth potential in the energy sector.
In addition to energy stocks, information tech company Hewlett Packard Enterprise is also a top pick for investors looking for steady returns through dividends. With a dividend yield of around 3% and analysts projecting a potential upside of more than 20% over the next 12 months, Hewlett Packard Enterprise offers a compelling opportunity for growth-oriented investors.
At Extreme Investor Network, we believe in providing valuable insights and analysis to help our readers make informed investment decisions. By focusing on high-dividend stocks with strong upside potential, investors can position themselves for success in a changing market environment. Stay tuned for more expert analysis and recommendations on our platform to help you navigate the world of investing with confidence.