The 3 Best Dividend Stocks For February 2019

Investors are always seeking the secret weapon to help them achieve life-changing gains.

You can search forever for new strategies, but the truth the best system to find these types of gains is right in front of you.

We’re talking about the Money Morning Stock VQScore™.

Derived from our proprietary valuation system, the VQScore offers you a distinct advantage when you buy (or sell) a stock. It finds the stocks that are priced to get you the biggest returns.

See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here

For income-hungry investors, we’ve narrowed down the list to the three best dividend stocks to buy in February 2019.

These three dividend-paying stocks all earned our highest VQScores this week…

Best Dividend Stocks to Buy, No. 3: AbbVie Inc.

Some of the top biotech stocks are off sharply from their 12-month highs right now. And that’s presenting us with an excellent buying opportunity.

Global economic uncertainty, China woes, and rising geopolitical tensions have all weighed on demand for biotechs. So too are the prospects of drug price cuts and rising competition from generics.

Make 2019 Your Most Profitable Year Yet

We have one goal: to make investing profitable.

While news pundits worried about volatility and trade wars, our readers had the chance to bank gains of 333%, 444%, and even 478% in 2018.

Now, we’re bringing you 18 ways to bank even more profits in 2019.

Click here to download our profit-packed e-book, at no cost to you…

Abbvie Inc. (NYSE: ABV) stock has fallen more than 40% from its 2018 high. The key factor has been fears about the launch of biosimilars in Europe that target its top-selling drug Humira. Recent forecasts suggest that the financial growth for Humira is stalling. However, Humira should not face biosimilar competition in the United States until 2023.

AbbVie is a “dividend aristocrat” that pays a dividend of 5.31% and trades at an enterprise-to-EBIT value of 14.6.

According to Yahoo Finance, ABBV has a one-year price target of $95.76. That figure represents upside of 23.4% from Tuesday’s opening price.

Combine that upside, that dividend, and our highest VQScore, and we have a winning stock for the year ahead.

Best Dividend Stock to Buy, No. 2: AT&T Inc.

Wall Street has rightfully been bearish on telecom stocks after the sharp downturn we’ve seen in this space. One of the weakest performers over the last year has been AT&T Inc. (NYSE: T), whose shares recently fell below $30 for the first time in six years.

But this dividend aristocrat has presented a solid yield to accompany a lot of potential in the coming years. AT&T is set to become one of the first major players in the 5G wireless space, which will be vital to the next industrial revolution through the Internet of Things.

The company has one of the most reliable dividends in the business at 6.7%. Given that the U.S. Federal Reserve is expected to hold off on raising rates at a time that economic growth appears sluggish, we can anticipate investors will pour into reliable stocks with great cash flow. AT&T sits at the top of the list.

AT&T has a one-year price target of $34.32 per share, a figure that represents upside of 11.9% from Tuesday’s opening price. But given AT&T’s high VQScore, we’re looking at a firm that is ready to break out over the next 12 months.

Now, here’s the best dividend-paying stock to buy now…

Best Dividend Stock to Buy, No. 1: BP Plc.

The late 2018 oil price decline weighed heavily on exploration and production companies around the globe.

American investors tend to focus on WTI oil prices, which trade at a discount to the denser Brent crude. With Venezuela’s production now facing sanctions and OPEC still looking for ways to cut output, we’re looking at Brent oil prices to remain locked in the $55 to $60 per barrel range despite concerns about the global economy.

BP Plc. (NYSE: BP) is adopting artificial intelligence to increase its exploration activities while expanding investments into alternative energy systems of the future. Bringing more oil reserves onto its balance sheet will help bolster the stock price, while newer alternative projects like charging stations in China will help the company address long-term challenges and pressures from politicians looking to address climate change.

The one-year price target for BP stock sits at $48.77 per share. That represents 23.3% upside from Tuesday’s opening price.

The triple threat of this upside, a 6.1% dividend, and a high VQScore suggest that we could see upwards of 40% returns if we include dividend reinvestment. BP is a stock poised to break out should oil prices find additional support.

This Is How You Can Grow Incredibly Rich Buying Straight-Up Stocks

Right now, even with all the market uncertainty, there’s truly a ridiculous amount of money to be made from stocks if you follow this secret.

We’re talking about gains like 663%… 628%… even 818%.

This method is unique in the entire history of investing – and for a limited time, you can learn how to use it for yourself and have an opportunity to hit as many peak gains as possible right away.

Click here now.

Follow Money Morning onFacebook, Twitter, and LinkedIn.

 

About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.To get full access to all Money Morning content, click here.

Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

Source: Money Morning


Newsletter

 Sign up now to receive our Daily Newsletters, straight to your inbox.