3 Ridiculously Cheap Dividend Stocks to Buy Today

[NewsFeeder]

3 Ridiculously Cheap Dividend Stocks to Buy Today

Buying a dividend stock that's cheap can be a great way to maximize the returns you'll make from owning it. Not only will you earn dividend income, but you can also benefit if the stock rises in value. Walgreens Boots Alliance (NASDAQ: WBA) hasn't gotten a whole lot of love this year as its share price is down 29% year to date, which is much worse than the S&P 500 (down 3%) has done thus far.

https://finance.yahoo.com/m/6be5133.../3-ridiculously-cheap-dividend.html?.tsrc=rss

 

[Bullitt]

Always know the bear case before investing. WBA is a play on prescriptions but faces increasing competition from Rite Aid and online (AMZN?). TD comes with general bank ing risks in a near zero interest rate world. INTC facing increasing competition from AMD plus.

Below from fair values from Morningstar for the three stocks in case anyone was interested.

WBA
FV: $55
Moat: Narrow

TD
FV: $58
Moat: Wide

INTC
FV: $70
Moat: Wide

 

[Bullitt]

WBA is down some 10% since that report. Stock buybacks have been halted which is not a surprise, but that never goes over well. Dividend was increased by a penny.

Support around 35, or the low, but WBA just seems like one of those permanent value stocks to me facing a lot of headwinds from online and companies like WMT who are surely going to be a threat with their new same day delivery service.