After the shock of the new COVID-19 variant, 5 dividend stocks could be big winners-24/7 Wall St.

2021-12-06 20:25:32 By : Ms. Tina Zhao

Although most people in the scientific community suspect that as we approach winter in the north and east of the country, there will be a surge in COVID-19 cases, similar to the surge in the southern summer, but most experts did not expect the emergence of new variants from South Africa . However, this is what coronaviruses do, and they mutate. In fact, the transmission capacity of the Delta variant is more than twice that of the virus that first appeared in Wuhan, China.

The possibility of further major mutations in the virus has arrived. Although the number of cases is small, and pharmaceutical companies such as Johnson & Johnson are already testing the current vaccine against the newly crowned variant Omicron, the panic last Friday was immediate, because the market has adopted the policy since 2020. The biggest one-day shot since June of the year.

It seems unlikely that the United States will block again on a large scale, especially when so many people have been vaccinated, but some restrictions may be restored. Therefore, we screened home stocks and pharmaceutical stocks to see which stocks might make sense now. We look for stocks that are rated as "buy" and have high dividend yields. On Friday, frightened investors poured into the U.S. Treasury bond market and lowered interest rates, so from a total return perspective, these five currencies are all more attractive.

It is important to remember that no single analyst report should be used as the sole basis for any buying or selling decision.

If people choose to stay at home more, then the grocery business should really do well, especially when the holidays are approaching. Albertsons Companies Inc. (NYSE: ACI) operates food and drug stores in the United States.

The company’s food and drug retail stores provide grocery products, general merchandise, health and beauty care products, pharmacies, fuel, and other items and services. As of February 27, 2021, it operates 2,277 stores of different brands, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street , Haggen, King’s Food Market and Barducci’s Food Lovers’ Market. It operates 1,727 pharmacies, 1,313 in-store brand coffee shops, 400 adjacent gas centers, 22 distribution centers and 20 manufacturing facilities, as well as various digital platforms.

The company recently announced the launch of Albertsons Media Collective, a retail media network designed to provide the company's growing network of shoppers with digitally native, shopper-centric and engaging branded content.

Investors receive a dividend of 1.35%. Deutsche Bank's target price for Albertsons Companies stock is $38. Wall Street’s consensus target is US$32.56, and the final trading price on Friday is US$35.72 per share.