Top-Performing Dividend Stocks

Plus: May’s best stock ETFs, Nvidia’s dividend, and Goldilocks for the Fed. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_smartinvestor&utm_content=55063&elqTrackId=c6af51a1bf474f68a05e4b0dadd68c72&elq=83a7e992687b4f18b60b9366bfc303f8&elqaid=55063&elqat=1&elqCampaignId=27944) [Smart Investor] Smart Investor [Tom Lauricella, chief markets editor]( Connect with Tom on [LinkedIn]( [Tom Lauricella] this week's newsletter: - [10 Top-Performing Dividend Stocks for the Month]( - [May's Top-Performing Stock ETFs]( - [It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them]( - [Nvidia Raised Its Dividend — but There’s a Catch]( - [Manager: Nvidia Will Be the Biggest Company in the World]( - [Which AI Stocks Are Turning Hype Into Revenue?]( - [Why Today’s Fed Outlook May Be the Best Case Scenario for Stock Investors]( So much for a slowdown in the jobs market. The May jobs report came in much hotter than expected, once again dashing expectations for the kind of moderate growth that could let the Federal Reserve cut interest rates. You can find [our take on the jobs report here](. The jobs data comes just ahead of this coming week’s Fed meeting. While no change in policy is expected, the outlook is decidedly cloudy. Sarah Hansen digs into differing [views on how the Fed might proceed](. While the stock market took the jobs report in stride, it sent bond prices tumbling. This was yet another disappointment for investors in this realm, who have seen lousy returns for several years now. But as Danny Noonan writes, this [bad news has a silver lining]( for bond investors. Meanwhile, given Nvidia’s massive rally, it was probably only a matter of time before it overtook Apple as the second-largest stock, in the process crossing the $3 trillion mark. We’ve got Christopher Johnson's [great interview with a fund manager]( who doesn’t think Nvidia’s stock will stop here. He believes it’s on its way to becoming the biggest company in the world. Speaking of Nvidia, as of Monday morning, shares of the company’s stock are more affordable thanks to a [10-for-1 split](. Lost in the hubbub was the firm’s announcement that it is raising its dividend. David Harrell looks at whether [the stock will also become a dividend-investing heavyweight](. Nvidia is the leading stock benefiting from the frenzy for artificial intelligence. What other names are turning that hype into dollars? Bella Albrecht [checked in with Morningstar’s analysts](. Lastly this week, we checked in with the latest on stock and ETF performance. We’ve got a wrap-up of last month’s [top-performing dividend stocks]( (including Pfizer and Best Buy), the [best and worst stocks]( (which includes First Solar), and the [best-performing stock ETFs]( (such as T. Rowe Price Blue Chip Growth and Fidelity Blue Chip Growth). There are also the month’s [worst-performing ETFs]( (sorry, Cathie Wood fans). That’s it for this week! As always, check out our [Markets page]( for our latest coverage, live stock market updates, and [our weekly calendar]( of key upcoming data and events. [10 Top-Performing Dividend Stocks of the Month]( [10 Top-Performing Dividend Stocks of the Month]( Pfizer and Best Buy are among May 2024′s high-yielding winners. Bella Albrecht, Lauren Solberg [Read More]( Share: [facebook]( [twitter]( [linkedin]( ADVERTISEMENT [media]( [media] Markets and the Economy [Why Today’s Fed Outlook May Be the Best-Case Scenario for Stock Investors]( [Why Today’s Fed Outlook May Be the Best-Case Scenario for Stock Investors]( Hopes of a soft landing are alive and well, but the worst-case scenarios are also on the table. Sarah Hansen [Job Gains Surged Again In May, Dashing Hopes of a Sustainable Slowdown]( [Job Gains Surged Again In May, Dashing Hopes of a Sustainable Slowdown]( Fed cuts will more likely depend on inflation, not the job market. Sarah Hansen [European Central Bank Cuts Interest Rates]( [European Central Bank Cuts Interest Rates]( The ECB moves ahead of the Fed but pours cold water on hopes for more near-term rate cuts. Antje Schiffler [5 Top-Performing Small-Growth Funds]( [5 Top-Performing Small-Growth Funds]( Funds from Fidelity and T. Rowe are among the strategies with the best records in the category. Frank Lee [Top-Performing Stock ETFs for the Month]( [Top-Performing Stock ETFs for the Month]( Direxion HCM Tactical Enhanced US Equity Strategy ETF and HCM Defender 100 Index ETF were among the best-performing ETFs in May 2024. Bella Albrecht, Lauren Solberg [Worst-Performing Stock ETFs for the Month]( [Worst-Performing Stock ETFs for the Month]( ARK Innovation ETF and ProShares S&P MidCap 400 Dividend Aristocrats ETF were among the worst-performing ETFs in May 2024. Bella Albrecht, Lauren Solberg [Spot Ether ETFs: Should You Invest?]( [Spot Ether ETFs: Should You Invest?]( What’s next after the SEC’s approval of spot ether exchange-traded funds. Bryan Armour [It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them]( [It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them]( Challenges in the bond market could set the table for stronger future returns. Danny Noonan [Best- and Worst-Performing Stocks of May 2024]( [Best- and Worst-Performing Stocks of May 2024]( First Solar and Deckers Brands ranked among the best stocks for the month, while the worst included MongoDB and Unity Software. Bella Albrecht [These 3 Growth Funds Don’t Own Nvidia—and Their Returns Show It]( [These 3 Growth Funds Don’t Own Nvidia—and Their Returns Show It]( Offerings from Capital Group and Calvert are among the growth funds not riding Nvidia’s huge rally. Gabe Alpert [What Does Nvidia’s Stock Split Mean for Investors?]( [What Does Nvidia’s Stock Split Mean for Investors?]( The semiconductor giant’s stock will carry a fair value estimate of $105 after its 10-for-1 split. Sarah Hansen [Nvidia Raised Its Dividend — but There’s a Catch]( [Nvidia Raised Its Dividend — but There’s a Catch]( Large dividend increases don’t necessarily result in meaningful yields. David Harrell [Manager: Nvidia Will Be the Biggest Company in the World]( [Manager: Nvidia Will Be the Biggest Company in the World]( Stephen Yiu, CIO of the Bronze-rated Blue Whale Growth Fund, explains his decision to stick with Nvidia and ditch his position in UMG. Christopher Johnson [During Another Meme Stock Rally, Here’s Why I’m Investing Like It’s the Stone Age]( [During Another Meme Stock Rally, Here’s Why I’m Investing Like It’s the Stone Age]( Modern personal finance requires an ancient approach. Danielle Labotka [Why We Upgraded Our Rating of This Bond Fund]( [Why We Upgraded Our Rating of This Bond Fund]( PGIM Muni High Income’s team embraces new leadership. Ken Noguchi [What’s Happening In the Markets This Week]( [What’s Happening In the Markets This Week]( Fed meeting, CPI, and earnings from Broadcom and Adobe on deck. Bella Albrecht [Contrarian Picks: Don’t Dismiss These Liquid Alternative Funds]( [Contrarian Picks: Don’t Dismiss These Liquid Alternative Funds]( These arbitrage strategies can offer consistent income with little market sensitivity. Karen Zaya [After Earnings, Is Salesforce Stock a Buy, Sell, or Fairly Valued?]( [After Earnings, Is Salesforce Stock a Buy, Sell, or Fairly Valued?]( With lower-than-expected revenue and modest guidance for growth, here’s what we think of Salesforce stock. Dan Romanoff [After Earnings, Is Zscaler Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Zscaler Stock a Buy, a Sell, or Fairly Valued?]( With strong growth in emerging pro, here’s what we think of Zscaler’s stock. Malik Ahmed Khan [How to Use Bitcoin in Your Portfolio]( [How to Use Bitcoin in Your Portfolio]( What you need to know about the advantages and risks of investing in cryptocurrency. Amy Arnott [3 Upgraded Funds We Really Like]( [3 Upgraded Funds We Really Like]( These funds look like winners. Russel Kinnel [3 Stocks to Buy and 3 Stocks to Sell in June]( [3 Stocks to Buy and 3 Stocks to Sell in June]( Plus, new research on Nvidia. David Sekera, Susan Dziubinski [Keith Lee: ‘Revenues Are a Better Indicator of Size’ Than Stock Market Capitalization]( [Keith Lee: ‘Revenues Are a Better Indicator of Size’ Than Stock Market Capitalization]( An accomplished small-company investor talks both investing and diversity within the industry. Christine Benz, Dan Lefkovitz Chart of the Week [Which AI Stocks Are Turning Hype Into Revenue?]( [Which AI Stocks Are Turning Hype Into Revenue?]( For Nvidia, Microsoft and others, AI will remain a tailwind in 2024. Bella Albrecht [Read More]( Share: [facebook]( [twitter]( [linkedin]( Recent Earnings [Nio: Revenue and Loss Largely In Line, but Vehicle Margin Missed Amid Price Competition]( We’ve lowered our fair value estimate for Nio’s stock. Vincent Sun [Lululemon: On Track to Meet Expectations Despite Slowdown In Americas]( Lululemon’s lifted EPS outlook should lead us to increase our fair value estimate of its stock. David Swartz [MongoDB: Slashing Valuation as Execution and Macro to Blame for Lower Guidance]( Despite beating expectations on Q1 earnings, the outlook sours. But MongoDB stock is undervalued. Julie Bhusal Sharma [Marvell: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75]( Marvell stock looks fairly valued, but may offer an alternative to other expensive AI plays. William Kerwin [Zscaler: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter]( With strong execution, we feel Zscaler stock is undervalued. Malik Ahmed Khan [Morningstar Company Reports]( See More Get Top Stock Picks and Market Insights Every Week on The Morning Filter. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U.S. markets strategist Dave Sekera to discuss what's on his radar, new Morningstar research, and stock picks or plans for the week ahead. 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