Black Friday: Grab 3 Discounted Stocks Before Prices Rise
As the stock market experiences fluctuations, certain companies offer exceptional investment opportunities this Black Friday. Energy Transfer (ET), Realty Income (O), and UPS (UPS) present three appealing options with discounted stock prices.
Energy Transfer: A Hidden Gem
Energy Transfer is currently trading at less than nine times its earnings. This valuation is notably lower than the average of about 12 times among its peers in the energy midstream sector. The company boasts a dividend yield exceeding 8%, significantly higher than the S&P 500’s yield of 1.2%.
Key Data
- Current Price: $16.64
- Market Cap: $56 billion
- Day’s Range: $16.43 – $16.68
- 52-week Range: $14.60 – $21.45
- Dividend Yield: 8.00%
- Volume: 5.1 million
This master limited partnership (MLP) is one of the largest in its field, with multiple expansion projects underway. This growth should enhance its cash flow and support higher dividend payments in the future.
Realty Income: A Safe Bet
Realty Income trades at approximately 13 times its earnings, below the S&P 500 average of 18 times for large real estate investment trusts (REITs). This low valuation contributes to its attractive dividend yield of 5.7%.
Key Data
- Current Price: $57.53
- Market Cap: $53 billion
- Day’s Range: $56.88 – $57.59
- 52-week Range: $50.71 – $61.09
- Dividend Yield: 5.62%
- Volume: 82,000
With over 30 consecutive years of dividend increases, Realty Income has a solid track record and a strong financial profile. It remains well-positioned for future growth, making it a compelling choice for investors.
UPS: Turning Challenges into Opportunities
UPS’s stock price has dropped more than 50% compared to three years ago. Despite this slump, it offers a nearly 7% dividend yield for investors. The current stock price is $96.25, trading at around 13 times its projected earnings.
Key Data
- Current Price: $96.25
- Market Cap: $81 billion
- Day’s Range: $95.30 – $96.35
- 52-week Range: $82.00 – $136.99
- Dividend Yield: 6.86%
- Volume: 51,000
Despite facing difficulties due to market conditions and competitive pressures, UPS is implementing measures to enhance profitability. With potential cost savings of $3.5 billion expected, the company aims to improve its financial performance in the coming years.
Black Friday Bargains for Investors
Energy Transfer, Realty Income, and UPS stand out as attractive investment options this Black Friday. Their current low valuations provide an opportunity to secure significant income streams. Investors looking for discounted stocks will find these three companies compelling choices in today’s market environment.