The company has proven that it has the wherewithal to continually invest in people, products and platforms to further its market share base, extending its competitive advantage versus most peers.
JPMorgan Chase stock comes with a 2.84% dividend. The Goldman Sachs price objective is $182. The consensus target is $157.95, and shares closed at $140.93 on Friday.
Kohl’s
This top retail stock still offers an excellent entry point and a big dividend. Kohl’s Corp. (NYSE: KSS) operates department stores in the United States. It offers branded apparel, footwear, accessories, beauty and home products through its stores and website.
With the economy struggling, consumers increasingly are turning to discount retailers for clothes, food and many additional items, and Kohls has a legendary following of value-seeking customers that shop at the retailer through good and bad times. When the use of privately branded credit cards rises, so does the bottom line at the company.
The dividend yield here is 6.84%. Guggenheim has set its price target at $38, well above the $29 consensus target. Kohl’s stock closed on Friday at $29.22.
MetLife
This top insurance stock is a safe bet in a rising interest rate environment. MetLife Inc. (NYSE: MET), a financial services company, provides insurance, annuities, employee benefits and asset management services worldwide.
The company offers life, dental, group short-and long-term disability, individual disability, pet, accidental death and dismemberment, vision and accident and health coverage. It also offers prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements.
MetLife provides pension risk transfers, institutional income annuities, structured settlements and capital markets investment products. Its other products and services include life insurance products and funding agreements for funding postretirement benefits, as well as company, bank or trust-owned life insurance used to finance nonqualified benefit programs for executives.
In addition, the company provides fixed, indexed-linked and variable annuities; pension products; regular savings products; whole and term life, endowments, universal and variable life and group life products; longevity reinsurance solutions; and credit insurance products.
Holders of MetLife stock receive a 2.78% dividend. The $90 Morgan Stanley target price compares with an $83.50 consensus target and the most recent close at $71.84.
Prosperity Bancshares
This smaller bank has literally zero debt and offers impressive growth potential. Prosperity Bancshares Inc. (NYSE: PB) operates as a bank holding company for the Prosperity Bank, which provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as certificates of deposit.
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