Time to Rotate to High Yielding Application Software Stocks: 5 to Consider

In a previous article, we discussed defensive investing in the Technology sector and we showed that investing in large-cap Tech stocks with high dividend yields may be a good strategy for the near future. Defensive investing may not yield the best returns in bull markets, though it provides better protection against a down trend. The same defensive strategy may also be viable for different industries, such as Application Software, within the Tech sector. The risky stocks with low dividend yields may have taken advantage of the recent bull market as the economy recovered. On the other hand, we are concerned about the upcoming inflationary environment and we believe investors should invest more defensively in the near future and look for high dividend yielding stocks. We compiled a list of the top 20 Application Software Stocks (the sector classifications are sourced from Finviz) by market cap and ranked them based on... Read more