Summary: Costco, Walmart, and Apple are expected to outperform S&P 500 in the second half of 2024.
From Nasdaq: 2024-07-01 08:53:00
Many dividend stocks suffered due to rising interest rates, but some lower-yielding blue chip stalwarts like Costco, Walmart, and Apple have potential to outperform the S&P 500. Costco’s stock has performed well this year due to new members and higher margins. Walmart has benefited from e-commerce growth and overseas expansion. Apple’s iPhone shipments and service segment growth could drive the stock higher in the second half of the year. Analysts expect all three stocks to see revenue and earnings growth in the near future. Consider investing wisely based on the potential of these strong financial performers.
Read more at Nasdaq: 3 Dividend Stocks That Could Beat the S&P 500 in the Second Half of 2024
