2 Big Dividend Stocks Yielding 10%; RBC Says ‘Buy’
Soaring commodity prices, additional federal stimulus, and
government bond yields on the rise are all raising the specter of
inflation. Furthermore, there is growing concern that stocks - and
tech ones in particular - are now at valuations disconnected from
reality. Is the changing macro climate about to send the bull
market into retreat? Too early to tell, but it does signal that a
more prudent approach to investing might be a good move right now.
And that will bring us to dividend stocks. Investors want a pad,
something to protect their portfolio in case of a market drop, and
dividends offer just that.