Billionaire Money Managers Are Piling Into 3 High-Yield Dividend Stocks Amid a Historically Pricey Stock Market
CVS Health(CVS) The Motley Fool·2025-02-05 09:51
Value-focused billionaire asset managers are trading out pricey stocks for perceived-to-be safe, income-producing, brand-name businesses.For more than two years, the bulls have been running wild on Wall Street. Since 2023 began, the ageless Dow Jones Industrial Average, benchmark S&P 500 (^GSPC 0.72%), and growth-powered Nasdaq Composite have soared by 34%, 57%, and 88%, respectively, through the end of January 2025.While rising tides have given investors plenty of reason to smile, it's also made the stock ...