A group of people who are really good at guessing how much money companies will make in the future gave their opinions on three special kinds of stocks. These stocks give you some extra money called dividends, which can be helpful when things are not going so well with other investments. The people who wrote this article want to show you what these experts think about these stocks and how much they might be worth in the future. They also have a website where you can find more information about different stocks and how experts feel about them. Read from source...
1. The article does not provide any clear or consistent criteria for selecting the most accurate analysts or ranking them by accuracy. This makes it impossible to verify or compare their performance objectively.
2. The article claims that dividend-yielding stocks are attractive during times of turbulence and uncertainty, but does not provide any evidence or analysis to support this claim. It also ignores the possibility that some investors may prefer growth or value strategies over income generation.
3. The article focuses on three financial stocks with high dividend yields, but does not explain why they are suitable for readers' portfolios or risk tolerance levels. It also does not mention any potential risks or downsides associated with these stocks, such as regulatory changes, competition, credit quality, etc.
4. The article only presents the ratings and price targets of two analysts for each stock, without providing any context or rationale for their views. It also does not disclose any conflicts of interest or potential biases that may affect their credibility or objectivity.
5. The article uses emotional language and appeals to fear and greed, such as "turbulence and uncertainty", "high free cash flows", "reward shareholders", etc., without providing any facts or data to back them up. It also promotes a specific trading platform (Benzinga Pro) and offers a limited time deal that may not be suitable for all readers.
1. Valley National Bancorp (VLY) - Neutral, $8 target, 64% accuracy rate. This stock has been range-bound for the past few months, with support at $7.50 and resistance around $8.50. The dividend yield is attractive at 3.9%, but there are concerns about the bank's loan growth and asset quality. There may be some upside potential if the economy recovers and interest rates rise, but there are also risks of a decline in earnings and share price due to lower loan demand and credit losses.
2. JP Morgan (JPM) - Neutral, $138 target, 70% accuracy rate. This stock has been consolidating since the March lows, with support at $130 and resistance around $145. The dividend yield is attractive at 2.6%, but there are also concerns about the bank's exposure to credit risk and potential legal issues. There may be some upside potential if the economy recovers and interest rates rise, but there are also risks of a decline in earnings and share price due to lower loan demand and credit losses.
3. Citigroup (C) - Neutral, $58 target, 60% accuracy rate. This stock has been trending higher since the March lows, with support at $50 and resistance around $60. The dividend yield is attractive at 4%, but there are also concerns about the bank's profitability and capital adequacy. There may be some upside potential if the economy recovers and interest rates rise, but there are also risks of a decline in earnings and share price due to lower loan demand and credit losses.