This High yielding dividend stock may deliver 30% return
Sep 23, 2024 7:53 am
Dividend is a sure way to earn passive income but the best passive income doesn't come from dividends investing; if you can play the sector rotation strategy very well, you will make more money in the stock market.
What is sector rotation?
I use the strategy to deploy and move funds from one hot sector to another every 6-12 months, a model that can beat and deliver 2x, 3x or even 4x returns without taking unnecessary risk.
This doesn't mean Dividend stocks are not good, just invest according to your risk profile.
Take a look at all my premium recommendations so far.
In our October Globfolio Elite Trader Course, I will show my inner circle students how to implement sector rotation using some of my big winning stocks in 2020, 2021, 2022, 2023 and 2024
While scanning the market for new stocks to buy this week, I uncovered a high-yielding dividend stock that's expected to impress the market with a bumper dividend this year; the half-year result is solid, and earnings are already above the figures reported in 2023 with technical analysis showing a potential bullish run.
The most interesting of all is that this stock is in one of the hottest sectors.
Click here to see the name, get in now for short-term gain.
From my fair value estimate using PE multiples, this stock is 39% undervalued but I am looking to grab 20-30% as a trader.
Want to join our community and get access to my newest stock picks?