Two top dividend stocks are soaring amid the ongoing market crash recovery and are worth strong consideration by income-loving investors.
One of the two top dividend stocks is a health care giant that is teaming up with a German biotech partner to develop a vaccine for the deadly new coronavirus, also known as COVID-19. The other of the two top dividend stocks is a cell tower company that should boost its revenue and profits strongly from the rollout of high-speed 5G services.
The opportunity to invest in dividend-paying stocks that offer strong growth potential includes the chance to buy them at reduced prices after the stock market crashed roughly 30 percent in six weeks from Feb. 24 to March 16 as coronavirus cases spread from China and Europe to the United States. Specifically, between Feb. 24 and the close of trading on Monday, March 16, the Dow Jones Industrial Average (DJIA) tumbled 31%, the S&P 500 dove 29% and the Nasdaq tanked 30%.
Chart courtesy of www.StockCharts.com
Paul Dykewicz meets with Jim Woods to discuss the latest investment opportunities
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Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz.The book is endorsed by Joe Montana, Joe Theismann, Ara Paseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many others. Follow Paul on Twitter@PaulDykewicz.
