Core Viewpoint - Dividend stocks, particularly Dividend Kings, are recommended for investors seeking reliable income and potential capital appreciation, especially as interest rates may decline in 2024 [2][3]. Group 1: Dividend Kings Overview - Dividend Kings are companies that have raised their dividends for 50 consecutive years or more, appealing to growth and income investors [3]. - The article highlights five Dividend Kings that have underperformed recently but are expected to rebound, all rated as buys by top Wall Street firms [2]. Group 2: Company Summaries - **AbbVie Inc. (NYSE: ABBV)**: A leading pharmaceutical company with a 3.88% dividend, offering a range of treatments for autoimmune diseases, cancers, and other health conditions [4][5][6]. - **Coca-Cola Co. (NYSE: KO)**: The world's largest beverage company with a 3.06% dividend, known for its extensive portfolio of over 500 brands and significant market presence [7]. - **Kenvue Inc. (NYSE: KVUE)**: A consumer health company spun off from Johnson & Johnson, offering a 3.72% dividend and a diverse range of health and beauty products [9]. - **Kimberly-Clark Corp. (NYSE: KMB)**: A consumer staples leader with a 3.98% dividend, manufacturing personal care and tissue products [10]. - **Target Corp. (NYSE: TGT)**: A general merchandise retailer with a 3.17% dividend, offering a wide variety of products and employing a multi-channel sales strategy [12].

Will Starbucks Workers Cost Too Much? itchySan / Getty Images Starbucks Corp. (NASDAQ: SBUX) posted poor quarterly results, and its stock fell. When it announced its figures, Starbucks warned that labor costs could hurt results. The unionization of some of its workers could speed up the worsening of that problem.Revenue dropped 2% year over year to $8.6 billion. Earnings fell 14% to $0.68 per share. Comparable store sales were down 4%, though the store count rose 3% to 18,065.What about the future? Starbu ...

Why Goldman Is Flat Out Wrong About Tesla Pascal Le Segretain / Getty Images Goldman Sachs has chosen the most inopportune time to bet against EV maker Tesla (Nasdaq: TSLA). After Tesla stock soared by a double-digit percentage on Monday to its best performance in three years, the Wall Street firm sucked the air out of the rally when it warned that things might not be smooth sailing for Tesla in China. If Elon Musk thought it was going to be easy, he probably wouldn’t have traveled 7,000 miles to meet wit ...

Ford Needs To Replace Chairman, Revamp Board Larry W. Smith / Getty Images News via Getty Images Ford Motor Company, founded by Henry Ford in 1903, continues to be controlled by the Ford family, which holds 40% of the shareholder voting power via Class B shares. William Clay Ford Jr., the chairman or executive chairman since 1999, runs the company. Ford’s non-family board members have a fiduciary duty to the balance of the company’s shareholders, which they have failed to discharge. Ford’s results have be ...

5 Reasons to Buy This 'Magnificent Seven' Stock Right Now Sundry Photography / iStock Editorial via Getty Images As one of the Magnificent Seven stocks, Tesla (Nasdaq: TSLA) has never looked better. With a market cap of $536.7 billion, Tesla is more than just an EV maker. The company is in the driver’s seat of cutting-edge technologies that are transforming society, not least artificial intelligence (AI), all through the lens of its product of focus, EVs. With Elon Musk at the helm for the past 16 years, ...

Here's Why Netflix Will Likely Announce a Stock Split mphillips007 / Getty Images Netflix (Nasdaq: NFLX) has come a long way since its 2002 IPO price of $15. Founded in 1997 by Reed Hastings and Marc Randolph as a postal-mail DVD rental service, Netflix transformed the way media was consumed, thrusting content streaming into the spotlight in the early 2000s and leading to the demise of video stores like Blockbuster.With shares currently hovering around $561 and a trailing PE ratio of 55, the stage is set ...

Disney Stock Recovers Valerie Loiseleux / iStock Unreleased via Getty Images After suffering a setback for a year and a half after Bob Iger returned to the CEO position, Walt Disney Co. (NYSE: DIS) stock has begun to recover. Shares are up 25% this year, compared to less than a 10% gain for the S&P 500.It has been about a month since Disney won a bruising proxy war with raider Nelson Peltz. Peltz did benefit. He made about $300 million on his investment.The tide has turned because people have started to v ...

Elon's Next Gambit Needs To Pay Off Robert Daemmrich Photography Inc / Getty Images Tesla’s recent earnings announcement was underwhelming, but interest spiked with Elon Musk’s promise of a $25,000 electric vehicle (EV) and the development of a robo-taxi, an autonomous vehicle requiring no human intervention. The conversation explores the potential impact of these developments on Tesla’s valuation and investor expectations, contrasting the tangible product of a lower-cost EV with the high-tech aspirations ...

3 Trillion-Dollar Stocks to Buy Now AndreyKrav / iStock Editorial via Getty Images The U.S. stock market boasts a combined market cap of $50.8 trillion, as of early 2024. But the wealth is concentrated, with a select few names earning the right to be called trillion-dollar stocks. Perhaps not too surprisingly, all of the companies that qualify also share the title of tech titans (except for Saudi Aramco).  The following trio of multi-trillion-dollar stocks represents companies whose products have become e ...

5 Of The Highest Yielding Blue Chip Stocks To Buy Now Riddy / iStock via Getty Images Investors love dividend stocks because they provide dependable income and a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.Here at 247 Wall St., we consistently emphasize the power of total return to our readers. This strategy c ...