Investors could be undergoing a flight to safety to dividend stocks. The reasoning is simple. If the S&P 500 isn’t making a temporary pullback, we could see more defensive shares being scooped up by former growth investors. So far, this seems likely.
Despite the broad indexes losing value, there is still hope for some shares to appreciate. Most notably, undervalued dividend stocks. Investors can benefit from the high dividend yields these companies offer, as well as benefit from the short-term tailwinds of the market’s flight to safer ground. There are also some fundamental reasons why these companies will rise in the future.
So, here are the best undervalued dividend stocks you want to pick up in August.
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