Companies to watch to buy or buy back in the month of October
We are going to divide this post into 3 types (growth, dividends and finally recovery) of companies that I am closely monitoring to buy
For this second part we are going to talk about the dividend companies that I am thinking of buying and repurchasing in October if I see a good entry opportunity.
But first. What is a dividend? It is the share of money of a company that is distributed among the shareholders of a company. The dividend is the main means of remuneration for shareholders.
Knowing this. We go with the companies:
- Johnson & Johnson (JNJ)
- AT&T Inc (T)
- JPMorgan Chase & Co (JPM)
- Bank of America Corp (BAC)
JNJ is a company that currently pays a dividend of 4 usd annually. In addition to this super good and safe dividend, this is a company with a very attractive stability since, although the economy is bad, JNJ continues to be stable because the products it offers have to be used at all times regardless of whether the economy is good or not. this evil. If we add to this that the price of JNJ has dropped a little this last month, we could find it at an excellent purchase price before it recovers its price.
At&t is one of the companies that pays the highest dividend and is a very safe dividend. 2.08 usd of dividends for a company that currently costs 28 usd !!! which means a 7% yield. Besides that, the company is in very low prices and although it is a company that we want for its dividends, we could also end up winning due to its future revaluation.
With all this at & t is undoubtedly my favorite on this list and one of the companies that I am sure I will continue to buy.
Finally 2 companies that are from the same industry and I put the 2 so that you can choose the one you like the most of these 2 banks.
These 2 banks are the largest in the US in terms of the amount of assets they handle. Personally, I like JPM a little more, but because it is a company that costs 100 usd each stock, that's why I also wanted to include BAC since I like it a lot and its price of 24 usd per stock, is more attractive for people who have less capital.
JPM pays a dividend of almost 4%. Personally, I believe that investing in these large banks is one of the safest investments that one can make, knowing that our benefits will not be huge, but they will be very good and safe. But the main thing that interests me is that although these companies do not usually have such large price increases, due to how much they fell due to the pandemic, they could be greatly revalued in the medium and long term.
