Reported 4 months ago
The article discusses two beaten-down dividend stocks, Walgreens Boots Alliance and Pfizer, which are near 52-week lows and offer high yields (above 5%). Walgreens has faced challenges with a 47% stock value decline and a dividend cut, while Pfizer's sales of COVID-19 products have declined significantly. Despite these issues, both companies have growth potential and long-term investment opportunities, with Pfizer recently raising its dividend for the 15th consecutive year. The article suggests that buying these stocks on the dips could be a smart move for investors looking for potential returns.
Source: YAHOO