We’ve been saying the 2022 edition of the stock market will be a mess for a while now–and we were right. But there are still dividend-paying gems out there: we just need to know where to look. (I’ve got three “safety-first” bargain buys for you below.)
The “mess,” of course, was inflation caused by Jay Powell’s tidal wave of cheap money! Now he needs to ditch his Wall Street friends to clean it up.
Selecting the right stocks is more important than ever. Fortunately for us contrarians stock-pickers, an environment like that works in our favor. But as the market adjusts to the new reality, caution is the watchword; let’s keep some dry powder for the multi-month run I see on the other side of this pullback.
Meantime, if you have cash burning a hole in your pocket, I have three sectors, and three tickers, that are good places to put it to work.
The post 3 Soaring Dividends (Growing 628%+) That Beat Back Rising Rates originally appeared at Contrarian Outlook.