In addition, Best Buy provides consultation, delivery, design, healthelated, installation, memberships, repair, set-up, technical support and warrantyelated services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird banners.
Best Buy stock comes with a 4.48% dividend. The Guggenheim price target is $85, while the consensus target is $77.85. The shares closed on Wednesday at $78.51.
Gladstone Commercial
This stock was hit hard as interest rates charged higher and is offering the best entry point in over a year. Gladstone Commercial Corp. (NASDAQ: GOOD) is focused on acquiring, owning and operating net leased industrial and office properties across the United States.
As of June 30, 2021, Gladstone owns a diversified portfolio of 121 office and industrial properties located in 27 states and leased to 106 tenants. The company has grown the portfolio in a consistent, disciplined manner at a rate of 18% per year since the IPO in 2003. It matches long-term leased properties with long-term debt to lock in the spread to create a durable, stable cash flow stream to fund monthly distributions to shareholders. Current occupancy stands at 96.5% and occupancy has never dipped below 95.0% since the IPO.
Most importantly for investors, Gladstone has a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 95.0%, and 10+ years of paying continuous monthly cash distributions.
Investors receive a 7.44% distribution. The $23 B. Riley Securities price target compares with the $23.60 consensus target. Gladstone Commercial stock closed on Wednesday at $20.23.
Lumen Technologies
This under-theadar stock has big total return potential. Lumen Technologies Inc. (NYSE: LUMN) is a facilities-based technology and communications company that provides various integrated services and solutions under CenturyLink name to business and residential customers in the United States and internationally.
The company operates offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. It also offers transport and infrastructure services comprising high bandwidth optical networks; unlit optical fiber networks, and related professional and management services; private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; colocation and data center services; and consulting services, which include network management, installation and maintenance of data equipment, and building of proprietary fiber-optic broadband networks for government and business customers.
Investors receive a 9.18% dividend. The Lumen Technologies stock price target at Wells Fargo is $12. The consensus target is $10.36, and the stock closed on Wednesday at $10.89.
ONEOK
The solid price of natural gas over the past year has helped to lift this top energy company. ONEOK Inc. (NYSE: OKE) primarily engages in natural gas transportation, storage and natural gas and NGLs gathering, processing and fractionation in the Bakken, Mid-Continent and Permian. The company recently closed the roll-up of its underlying MLP, ONEOK Partners.
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