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Given that stock prices on these five monsters have fallen so far, the dividend yields are quite high. In a protracted downturn, investors get paid to wait for the economy to turn around. And if the wait is long, those payments can become quite substantial.
What happens when the economy does indeed turn around? Who do you think will lead the way?
The best of the best will be the corporations that help get us out of this mess. They are the ones most likely to survive and thrive during the next business cycle. Given their past histories, there is no reason to think they will not rise again. And that’s why you want to buy these big businesses that are trading at such low prices.
There is more to it than price, of course, so I included some names that may have a higher stock price, but trade at a valuation that is historically low. Even here, investors can make out like bandits when this economy does turn around.
Here are five corporate giants selling at wholesale prices…
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See AllCompany Dividend Yield 1 AT&T (T) 5.8% 2 Verizon (VZ) 5.0% 3 Merck (MRK) 4.5% 4 Pfizer (PFE) 4.0% - Markets
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