5 High-Dividend Stocks For A Strong Market
Thanks to the Federal Reserve's recently announced economic stimulus plans, the stock market as well as the overall economy should be fairly robust for at least the next few months. Here are five stock ideas that should do well if everything goes as planned. However, as I often do, I've limited my list to dividend paying stocks. That way, if I'm wrong about the market, you'll still get paid while you wait out any unforeseen bumps. Rentech Nitrogen Partners (RNF) A November 2011 IPO, Rentech produces nitrogen fertilizer products at its facility in Illinois. Natural gas accounts for most of the cost of producing nitrogen fertilizers. Although U.S. natural gas prices are near historic lows, that is not the case in Europe and Asia where natural gas prices remain high. Thus, it's cheaper to produce fertilizers in the U.S. than overseas, giving Rentech a cost advantage over fertilizers produced overseas.... Read more