Black Friday Bargains: 3 Dividend Stocks Down 12% to 25%
Friday, Nov 29, 2024 5:30 am ET
The Black Friday sale period is an excellent opportunity for investors to snap up bargain dividend stocks at discounted prices. As the market experiences volatility and certain stocks decline, savvy investors can find attractive entry points for long-term growth and income. Here, we highlight three dividend stocks that have fallen between 12% and 25% from their 52-week highs, presenting compelling opportunities for bargain hunters.
1. Apple Inc. (AAPL)
Apple, the world's most valuable company, has seen its stock price decline by approximately 20% from its 52-week high. Despite this temporary setback, Apple's fundamentals remain strong, with a robust balance sheet, steady earnings growth, and a history of dividend increases. The company's dividend yield has risen to around 1.8% following the recent price drop, providing an attractive income opportunity for investors.

Apple's strategic push into AI with iOS 18.1's release of Apple Intelligence further enhances its competitive advantage. With a massive active device base and a well-integrated hardware-software ecosystem, Apple is poised to capitalize on the AI revolution. Additionally, the company's financial health and business model make it an attractive long-term investment, despite short-term market sentiment.
2. JPMorgan Chase (JPM)
JPMorgan Chase, a leading global financial institution, has experienced a decline of around 15% from its 52-week high. The bank's robust dividend payout, coupled with its early-mover advantage in AI banking and continued innovation in financial technology, creates significant long-term value for shareholders. JPMorgan's dividend yield has risen to approximately 3.5% following the recent price drop, offering an attractive income opportunity.
JPMorgan's strong financial position, diversified revenue streams, and commitment to technological advancements make it a solid choice for income-focused investors seeking a bargain during the Black Friday sale period.
3. Lockheed Martin (LMT)
Lockheed Martin, a global aerospace and defense company, has seen its stock price fall by around 12% from its 52-week high. The company's deep government relationships and essential role in national defense position it well for the AI-powered future. Lockheed Martin's dividend yield has risen to approximately 3.6% following the recent price drop, providing an attractive income opportunity for investors.

Lockheed Martin's strategic initiatives, such as AI integration in defense technology, and its strong financial position make it an attractive long-term investment, even amidst short-term market volatility.
In conclusion, the Black Friday sale period presents an opportunity for investors to snap up bargain dividend stocks at discounted prices. By considering valuation metrics, dividend yield, growth potential, and financial health, investors can identify attractive stocks such as Apple, JPMorgan Chase, and Lockheed Martin. These companies exhibit strong fundamentals, compelling income opportunities, and long-term growth prospects. By carefully evaluating these factors and conducting thorough research, investors can uncover bargain dividend stocks during the Black Friday sale period and build a diversified portfolio for long-term growth and income.
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