Tags: Saintvilus | Microsoft | ConocoPhillips | PG&E

Analyst Saintvilus Likes Dividend Stocks ConocoPhillips, Microsoft, PG&E

By    |   Monday, 29 December 2014 02:02 PM

With interest rates at or near record lows, and the Federal Reserve expected to raise rates only gradually, many income-oriented investors are turning to dividend stocks.

Richard Saintvilus, CEO of WallStPlaybook.com, recommends looking at three: ConocoPhillips (Ticker: COP), Microsoft (MSFT) and PG&E (PCG). They "offer the income conservative investors love and the growth aggressive investors crave," he writes on TheStreet.com.

ConocoPhillips has a dividend yield of 4.2 percent and has returned 2.9 percent so far this year, including dividends. Microsoft has a yield of 2.6 percent and has returned 31.1 percent so far this year. PG&E has a yield of 3.3 percent and has returned 39.6 percent.

As for ConocoPhillips, the 19 analysts offering a 12-month price target have a median forecast of $81 for the stock, Saintvilus writes. It closed at $69.88 Friday.

When it comes to Microsoft, the yield is "likely to climb in the years ahead," he says. "That's because under new CEO Satya Nadella, Microsoft has been revitalized."

Meanwhile, shares of PG&E are "still cheap, trading at a trailing price-to-earnings ratio of 18, almost 2 points lower than" the S&P 500 average.

Morningstar analyst Norman Young too likes Microsoft's Nadella, just the third CEO in the company's history. He "is busy repositioning the firm as the computing world and consumer preferences shift," Young writes on Morningstar.com.

"Pivoting from a Windows first strategy to a cloud first, mobile first strategy should help breathe new life into the moribund consumer business, although success is far from certain."

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With interest rates at or near record lows, and the Federal Reserve expected to raise rates only gradually, many income-oriented investors are turning to dividend stocks.
Saintvilus, Microsoft, ConocoPhillips, PG&E
250
2014-02-29
Monday, 29 December 2014 02:02 PM
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