These 2 Beaten-Down Dividend Stocks and This ETF Yield Over 4%. Here's Why They Are Worth Doubling Up on in June.
The S&P 500 (SNPINDEX: ^GSPC) has staged an epic recovery and is now positive year to date as investors look past ongoing macro challenges and focus on long-term growth.The rebound has increased the valuations of many stocks and exchange-traded funds (ETFs) -- making major indexes like the S&P 500 relatively expensive. But there are still compelling bargains if you know where to look.Here's why Phillips 66 (NYSE: PSX), J.M. Smucker (NYSE: SJM), and the Global X MLP & Energy Infrastructure ETF (NYSEMKT: MLPX) are great buys for investors looking to generate passive income from dividend stocks and ETFs.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) has staged an epic recovery and is now positive year to date as investors look past ongoing macro challenges and focus on long-term growth.
The rebound has increased the valuations of many stocks and exchange-traded funds (ETFs) -- making major indexes like the S&P 500 relatively expensive. But there are still compelling bargains if you know where to look.
Here's why Phillips 66 (NYSE: PSX), J.M. Smucker (NYSE: SJM), and the Global X MLP & Energy Infrastructure ETF (NYSEMKT: MLPX) are great buys for investors looking to generate passive income from dividend stocks and ETFs.
