PC companies’ wares are falling behind Apple (AAPL) and the rest of the mobile-focused group. Enterprise IT stocks are seeing companies and even governments cut back as they look for ways to save money.
Still, some of the “older” names in technology are worth a swing. Sure, their products might not be at the forefront of popularity, and sure, their services might be on the “we’ll get to that later” pile for companies waiting for their finances to turn around, but these old guys have a number of traits that income-focused investors should love: Install bases. Cash hoards. Free cash flow.
The kinds of things that can keep you at least treading water, all while being generous with dividend payments.
Here are three I like right now: