Prospect of Fed cut pushing dividend investors into tech, energy

davfor

This article presents some thoughts from fund managers together with some investment ideas. A few excerpts:

“It’s hard for me to buy a utility company when I could buy a company like Home Depot,”

With negative bond yields in Japan and Europe, the Fed will likely keep U.S. interest rates low for a “very long time,”

“The low yields in the fixed-income market are making you take risk elsewhere.”

As a result, Clott has been reducing his exposure to Treasuries and adding shares of companies like AT&T Inc (T.N)

Michael Barclay, a portfolio manager of the $15.1 billion Columbia Dividend Income fund, said he is focusing on picking up income in the technology sector because its strong growth rates will allow companies to increase their dividend payments over time.

https://reuters.com/article/us-usa-stocks-weekahead/wall-street-week-ahead-prospect-of-fed-cut-pushing-dividend-investors-into-tech-energy-idUSKCN1UE19T

Old_Skeet

Thanks for posting the article which I enjoyed reading along with your recap.

catch22

Thanks @davfor
Been with tech for some time now and welcome others for whatever reason to join the game.