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Chicago, IL – February 10, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is going solo to talk about the highs, and lows, of playing the lottery. Do you have lottery fatigue?
There have been 3 big million, and billion, dollar lottery payouts in the United States in just the last 6 months with the Powerball and Mega Millions posting 3 of the top 10 highest payouts ever.
But the odds are not in your favor. The odds to win the Powerball are one in 292 million but even just matching only the Powerball, which pays out $4, isn’t easy.
Forget the Lottery. Buy Stocks Instead.
However, what if you ditched the lottery and could create a “lottery win” by buying high dividend paying stocks? If you matched one number plus the Powerball number on the recent $747 million jackpot, you would have won $10 in Illinois.
What if you bought a few stocks and were able to get the $10 that way instead?
5 Stocks to Create Your Own Lottery Winning Stock Portfolio
Pfizer, the large drug company, is paying an annual dividend of $1.64 per share. In order to get your $10, you’d have to buy 6 shares of Pfizer, which will cost you about $260 at the time of this podcast. But lottery tickets cost money too.
Exxon Mobil, the large integrated energy company, is paying an annual dividend of $3.64 per share. What if you wanted to make one of the larger Powerball payouts? 3 balls plus the Powerball number would have gotten you $125 in Illinois in the latest drawing.
To get the $125, you would need to buy about 35 shares of Exxon Mobil. That’s not going to be cheap. It’s going to cost you about $4000 to buy that many shares as Exxon Mobil is only yielding 3.25%.
Exxon Mobil has paid a dividend every year since 2008.
Citigroup is one of the largest banks in the United States. It has a higher yield than Exxon Mobil at 4%.
Citigroup is paying an annual dividend of $2.04. If you wanted the $125, you would need to buy about 62 shares of Citigroup. It would cost you less than Exxon, because of the higher yield, or $3,180.
Banks, like Citigroup, are finally paying some nice dividend yields. Don’t ignore the industry.
What if you wanted to earn enough income to equal one of the bigger prizes? Matching 5 out of 6 balls, but no Powerball, would have gotten you $1300 in Illinois with the recent drawing. You may need to seek out bigger yields in an MLP like Enterprise Products Partners.
Enterprise Products Partners is paying an annual dividend of $1.96. But shares are trading around $25 so it has a yield of 7.6%.
To make $1300, investors need to buy about 663 shares of Enterprise Products Partners and it’s going to cost them around $17,000.
But imagine if you reinvested the dividend and bought even more shares? The next year, you’d get another 50 shares, or so and the dividend payout would be higher at nearly $1400.
Enterprise Products Partners has raised its dividend 24 consecutive years.
What about buying technology? Intel is currently paying an annual dividend of $1.46 per share which is yielding 4.8%.
But Intel’s earnings are expected to fall 62.5% in 2023. The Zacks Consensus Estimate for 2023 has fallen to $0.69 from $1.84 last year. That’s well under the dividend payout.
Is Intel too risky for those looking for income?
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Market Edge Highlights: Pfizer, Exxon Mobil, Citigroup, Enterprise Products Partners and Intel
For Immediate Release
Chicago, IL – February 10, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
https://www.zacks.com/stock/news/2052419/how-to-build-a-lottery-winning-stock-portfolio
How to Build a Lottery-Winning Stock Portfolio
Welcome to Episode #347 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is going solo to talk about the highs, and lows, of playing the lottery. Do you have lottery fatigue?
There have been 3 big million, and billion, dollar lottery payouts in the United States in just the last 6 months with the Powerball and Mega Millions posting 3 of the top 10 highest payouts ever.
But the odds are not in your favor. The odds to win the Powerball are one in 292 million but even just matching only the Powerball, which pays out $4, isn’t easy.
Forget the Lottery. Buy Stocks Instead.
However, what if you ditched the lottery and could create a “lottery win” by buying high dividend paying stocks? If you matched one number plus the Powerball number on the recent $747 million jackpot, you would have won $10 in Illinois.
What if you bought a few stocks and were able to get the $10 that way instead?
5 Stocks to Create Your Own Lottery Winning Stock Portfolio
1. Pfizer Inc. (PFE - Free Report)
Pfizer, the large drug company, is paying an annual dividend of $1.64 per share. In order to get your $10, you’d have to buy 6 shares of Pfizer, which will cost you about $260 at the time of this podcast. But lottery tickets cost money too.
Pfizer is yielding 3.7%.
2. Exxon Mobil Corp. (XOM - Free Report)
Exxon Mobil, the large integrated energy company, is paying an annual dividend of $3.64 per share. What if you wanted to make one of the larger Powerball payouts? 3 balls plus the Powerball number would have gotten you $125 in Illinois in the latest drawing.
To get the $125, you would need to buy about 35 shares of Exxon Mobil. That’s not going to be cheap. It’s going to cost you about $4000 to buy that many shares as Exxon Mobil is only yielding 3.25%.
Exxon Mobil has paid a dividend every year since 2008.
3. Citigroup (C - Free Report)
Citigroup is one of the largest banks in the United States. It has a higher yield than Exxon Mobil at 4%.
Citigroup is paying an annual dividend of $2.04. If you wanted the $125, you would need to buy about 62 shares of Citigroup. It would cost you less than Exxon, because of the higher yield, or $3,180.
Banks, like Citigroup, are finally paying some nice dividend yields. Don’t ignore the industry.
4. Enterprise Products Partners (EPD - Free Report)
What if you wanted to earn enough income to equal one of the bigger prizes? Matching 5 out of 6 balls, but no Powerball, would have gotten you $1300 in Illinois with the recent drawing. You may need to seek out bigger yields in an MLP like Enterprise Products Partners.
Enterprise Products Partners is paying an annual dividend of $1.96. But shares are trading around $25 so it has a yield of 7.6%.
To make $1300, investors need to buy about 663 shares of Enterprise Products Partners and it’s going to cost them around $17,000.
But imagine if you reinvested the dividend and bought even more shares? The next year, you’d get another 50 shares, or so and the dividend payout would be higher at nearly $1400.
Enterprise Products Partners has raised its dividend 24 consecutive years.
5. Intel Corp. (INTC - Free Report)
What about buying technology? Intel is currently paying an annual dividend of $1.46 per share which is yielding 4.8%.
But Intel’s earnings are expected to fall 62.5% in 2023. The Zacks Consensus Estimate for 2023 has fallen to $0.69 from $1.84 last year. That’s well under the dividend payout.
Is Intel too risky for those looking for income?
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.