24 'Safer' Basic Materials 'WallStar' Dividends For May
Actionable Conclusion (1-10): Analysts Assert Top Ten 'Safer' Dividend Basic Materials Stocks May Net 16.95% to 37.43% Gains By May, 2019 Four of the ten top-yield "safer" dividend basic materials 'WallStar' stocks (tinted gray in the chart above) were verified as being among the top ten gainers for the coming year based on analyst 1 year target prices. Thus the dog strategy for this group for March proved 40% accurate.
The following probable profit-generating trades were flagged by estimated dividend returns from $1000 invested in each highest yielding stock. That dividend and the aggregate one year analyst median target price, as reported by YCharts, created the 2018-19 data. Ten probable profit-generating trades projected to May 10, 2019 were:
SunCoke Energy Partners (SXCP) netted $374.32 based on a target price from four analysts combined with projected annual dividend, less broker fees. The Beta number showed this estimate subject to volatility 40% more than the market as a whole.
Arch Coal (ARCH) netted $344.22 based on a target price from seven analysts combined with projected annual dividend less broker fees. A beta number was not available for ARCH.
Randgold Resources (GOLD) netted $320.80 on a target price from five analysts combined with dividends less broker fees. The Beta number showed this estimate subject to volatility 13% more than the market as a whole.
Westlake Chemical (WLKP) netted $280.23, based on a target price from... Read more