If you have ever heard the term “stock pickers market,” this is surely where investors find themselves now as we approach the end of the first half of 2023.
The reality for investors is that we are close to the abyss with the debt ceiling limit. If President Biden and Speaker McCarthy continue to play a game of chicken over this issue, we could possibly be in for the same kind of disaster that happened with the debt ceiling fight in 2011. While an agreement back then was made two days before a default, the market was down a stunning 18.9% in three weeks prior, a window we are in now.
We decided to screen our 24/7 Wall St. dividend value universe for well-known companies that pay big dividends and that, for the most part, fly way off the radar. The seven following top stocks came up, and all are rated Buy.
This post appeared at 24/7 Wall St.