Top 3 dividend stocks for 2024

Projected Earnings: Where The Rubber Hits The Road  ‌ ‌ ‌ Projected Earnings: Where The Rubber Hits The Road [StreetAuthority]    [rising stack of coins]( From Our Partners  [Top 3 dividend stocks for 2024](  In 2014, I quietly released 3 high-yield dividend stocks to a small group of dividend investors like yourself. Fast forward a decade later…And those 3 dividend stock would have thrown off over $671,727 in dividends if you had started with an average sized IRA portfolio. That's an average of $5,597 in income each month earned. Plus you didn't sell one single share! Well, big news...I'm releasing my next 3 dividend stocks to buy and hold for the NEXT decade. [Discover how to get them here.](   Projected Earnings: Where The Rubber Hits The Road By John Persinos  Investors are starting to worry that strong economic growth will delay the Federal Reserve’s intended interest rate cuts. Wall Street also is getting skittish about worsening geopolitical risk, as the Russia-Ukraine bloodbath deepens, Houthi rebels disrupt vital Red Sea shipping, and the Israel-Hamas war spreads through the Middle East. But earnings growth just might come to the rescue. Corporate profitability is the clarity that cuts through the news media’s noise; it’s where the rubber hits the road. Positive projections for operating results have the potential to offset other risks and anxieties in the markets. Below, I conduct a deep dive into earnings projections. I also look at the profitable opportunities poised by one sector in particular: utilities. The utilities sector is set to thrive in 2024 due to a convergence of factors. The integration of smart technologies, a commitment to renewable energy, supportive regulatory environments, the rise of electric vehicles, and the inherent resilience of the sector all contribute to its bullish outlook. What’s more, falling interest rates are a boon for utilities stocks. But first, let’s look at the macro picture. The estimated year-over-year earnings growth rate for S&P 500 companies in the fourth quarter of 2023 is 1.3%, according to research firm FactSet. If 1.3% turns out to be the actual growth rate for Q4, it would represent the second consecutive quarter of year-over-year earnings growth reported by the index. That level of profitability may seem modest, but keep in mind, many analysts last year worried about an economic slump and earnings recession. Also, those projections are likely to get revised upwards as economic growth accelerates. For Q4 2023 earnings season so far, with 21 S&P 500 companies reporting actual results, 19 S&P 500 companies have reported a positive earnings surprise and 12 S&P 500 companies have reported a positive revenue surprise. The earnings picture gets even better this year. The estimated year-over-year earnings growth rate for calendar year 2024 is 11.7%, which is above the trailing 10-year average annual earnings growth rate of 8.4% (2013 – 2022). [Read More...](   [tie]( [They Laughed When I Left My Entire Career Behind...](  But nobody is laughing now! After working 90 hours every week at a big-time law firm, I decided to quit it all. Instead, I created a powerful, predictive trading system that made me a much bigger fortune than making law partner. Now, I’m showing a select group of investors my “crazy” system that’s spit out winning trades 100% of the time this year. Want in? [Click here... but hurry!]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.