Top Wall Street analysts are bullish on these dividend stocks
Publishing timestamp: 2024-11-24 08:43:29
Summary
With the Federal Reserve cutting rates, dividend stocks are gaining attention. Top analysts recommend Exxon Mobil, Coterra Energy, and Walmart for their strong dividend payments and solid performance. Exxon Mobil has seen a rise in production and increased its dividend for 42 consecutive years. Coterra Energy aims to return 50% of its annual free cash flow to shareholders and recently made significant acquisitions. Walmart raised its dividend and saw impressive third-quarter results, leading analysts to increase price targets and reaffirm buy ratings.
Sentiment: POSITIVE
Keywords: business news, walmart inc, investment strategy, coterra energy inc, exxon mobil corp,
Source: https://www.cnbc.com/2024/11/24/top-wall-street-analysts-are-bullish-on-these-dividend-stocks.html