Dividend Stocks Primed for Gains as Interest Rates Set to Fall
With $6 trillion in cash ready to be invested, experts predict a surge in high-yielding equities.
- BMO and Bank of America recommend dividend stocks ahead of anticipated Fed rate cuts in September.
- High-yielding stocks have underperformed but are expected to rebound strongly.
- Dividend stocks offer better returns compared to low-yield bonds and savings accounts.
- Top recommended stocks include Abbvie, Chevron, Gilead Sciences, and Pfizer.
- Investors are poised to shift from money market funds to equities, boosting dividend stocks.