High dividend stocks remain in favor in 2014, particularly because the stock market hasn’t had as much spring in its step.
The S&P 500 is up only about 1% after a month and a half, so if you don’t have high dividend stocks in your portfolio, you may not have a lot to write home about … and even then, if your shares are lagging you might only be breaking even.
But remember the old adage that it isn’t just a stock market but a “market of stocks.” While the broader environment on Wall Street may not be very encouraging, that doesn’t mean you can’t a number of great opportunities.
Like tech stocks, for instance.
Consider that the tech-heavy Nasdaq composite is up more than 3% year-to-date, significantly outpacing the S&P and Dow. Consider that Facebook (FB) and China’s Qihoo 360 (QIHU) are some of the top-performing large-cap stocks of 2014 so far, up 27% and 42% respectively since January 1. And consider the continued drumbeat of tech IPOs that have come to market recently, including Coupons.com (COUP), which offered at $16 this week and now trades for about a 60% premium to that price.
There’s clearly a lot of potential here in the tech sector. But for many investors who are wondering about the state of this rally and prefer the income from high dividend stocks, fast-moving plays like Qihoo or recent IPOs like Coupons.com are too risky to fit into their portfolio.
So if you’re looking for high dividend stocks with a high-tech feel, where can you turn?
Here are a few ideas: