It May Be Time to Rotate to High Dividend Tech Stocks

Recently, we discussed a defensive investing strategy for the Services sector and we argued that investing in high dividend yielding services stocks may be a better option for the near future. Defensive investing with high dividend yielding stocks is a valuable strategy especially in inflationary environments. In bull markets, defensive investing may not bring in the best returns for investors. Though, it provides better protection in down markets. This strategy can be applied to the Technology sector as well. As markets exited from recession, low dividend Tech stocks may have benefited from the uptrend so far. However, we believe investors should be cautious about the upcoming inflationary environment. In order to be protected against inflation, now may be a good time to play more defensive and pick stocks with high dividend yields. We compiled a list of top 30 U.S. Technology stocks ( the sector classifications are sourced from Finviz ) by... Read more