Today I am writing about six of the best blue chip stocks under $20 that are worth buying now. These stocks also have the distinction of having very low price-to-earnings (P/E) multiples and producing enough earnings to cover dividend payments to shareholders.
It’s actually harder than you think to find these stocks. Typically if a company has good earnings and pays a dividend well-covered by earnings the price will be significantly higher than $20.
The best blue-chip stocks under $20 are very cheap with low P/E multiples and pay a dividend. One advantage of these stocks is that it is easier to play out-of-the-money covered calls, and I will provide several examples
Let’s dive in and look at these stocks.
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