Dividend Stocks as a Hot Play
With the Federal Reserve’s interest rate decision approaching in September, more investors are eyeing dividend stocks. Experts believe that dividend stocks could be a strong play into the fall, providing a stable income stream amid market uncertainties.
Paul Baiocchi of SS&C ALPS Advisors supports this strategy, noting a shift from money markets and fixed income towards dividend-paying companies, particularly those with leveraged positions that could benefit from a declining interest rate environment and the Federal Reserve’s potential easing of interest rates in September.