US Top News and Analysis | Buy these āincome darlingsā to boost your portfolio, says Jefferies
AI generated summary, Read the full article for complete information.
Jefferies advises investors to offset recent market volatilityāsparked by MiddleāEast tensions and shifting macroāeconomic expectationsāby shifting toward āincome darlings,ā stocks that combine solid fundamentals with reliable dividend payouts and modest payout ratios. The firmās screen looks for companies with average dividend yields around 4.3%, unstretched payout ratios below 90% and a track record of no dividend cuts in the past five years. Highlighted picks include Target (TGT), which trades at a 3.5% yield, boasts a 50āyear streak of dividend increases and a projected 8% upside to a $140 price target; CVS Health, offering a 3.47% yield and a $98 target implying roughly 28% upside as its cash flow and earnings improve; and Zions Bancorp, yielding 2.85% with a $70 target suggesting an 11% rise, supported by growth in loans, net interest income and fee revenue. Jefferies argues that these dividendāfocused stocks can act as ballast in a ādicey macroeconomic backdrop,ā providing both income and potential capital appreciation.
Read more: https://www.cnbc.com/2026/04/21/buy-these-income-darlings-to-boost-your-portfolio-says-jefferies.html
#Jefferies #S&P500 #Target #CVSHealth
AI generated summary, Read the full article for complete information.