Tech stocks Apple, ASML, and Broadcom offer attractive dividends and growth potential for investors

From Nasdaq: 2024-07-09 10:15:00

Tech stocks, fueled by artificial intelligence excitement, are a popular choice for investors seeking outsized gains. Dividends are also attractive, providing a buffer against market volatility. ASML, Apple, and Broadcom are tech stocks with quarterly payouts, rewarding shareholders with passive income.

Apple shares bounce back, gaining 17% with improved China iPhone shipments and AI buzz. With a Zacks Rank #2, Apple’s consistent dividend growth and positive growth outlook make it an appealing choice for investors seeking income and capital appreciation.

ASML shares surge 43% in 2024, boosted by strong semiconductor trade performance and better-than-expected results. With a Zacks Rank #2, ASML offers a 30.7% five-year dividend growth rate and sustainable payout ratio, making it an attractive stock for income-focused investors.

Broadcom’s stock climbs 60% YTD on record revenue from AI products. With raised sales outlook and strong cash flow, Broadcom boasts a 14% five-year dividend growth rate and impressive growth expectations for its current fiscal year. It remains a compelling choice for investors eyeing tech stocks with income potential.



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