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Bet on Dividend ETFs to Ride Out Market Uncertainties
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Steve Chiavarone of Federated Hermes said on CNBC s Trading Nation that dividend stocks outperformed the S&P 500 on annual basis just as much as the growth stocks outperformed value in the prior year.
iShares Select Dividend ETF (NASDAQ:DVY) is as cheap versus bonds or as cheap versus stocks as it has been in the last 20 years, he added. It s trading at an 8 to 10 multiple discount to the S&P 500 and Chiavarone thinks dividend stocks have a long way to run here.
Danielle Shay of Simpler Trading said it s a great time to invest in dividend stocks and she wants to buy