6 Dividend Stocks Down 30% Or More
Some investors attempt to time the market and buy shares of stocks after they have tanked. This strategy remains popular despite the insistence of finance professors, financial analysts, and other sensible adults who realize that technical analysis is not worth a person’s time. Even though technical analysis is ridiculous, it would be pointless to try to dissuade the masses who are dedicated to it. Instead, a set of dividend stocks was found that may have “bottomed” yet have impressive fundamental results over the past 10 fiscal years. In a sense, this list of stocks is a sandbox in which investors can play technical-analyst with safety from fundamental support. Each dividend-paying stock has a dividend payment that exceeds 10-year treasury payouts and earned a positive 10-year average return on equity over the past 10 fiscal years: Brown Shoe Co. Inc. (BWS) recently traded at $8.5 per share. At this price level,... Read more