|Bid||0.00 x 21500|
|Ask||18.11 x 1800|
|Day's Range||17.58 - 17.70|
|52 Week Range||15.03 - 18.39|
|PE Ratio (TTM)||9.61|
|Beta (3Y Monthly)||0.86|
|Expense Ratio (net)||0.54%|
Flowers are starting to bloom. The sound of lawn mowers is beginning to fill the air. And the weather is getting warmer. That means it's time to start hearing about how we should "sell in May and go away." But that old adage continues to be a load of baloney. The truth is, the calendar has little to do with the actual outcome for the markets. Fundamentals matter more. And the right now, the fundamental picture is bullish with a side of caution.Which means dividend stocks could be the best plays of the summer.Thanks to their steady payouts, dividends stocks are naturally less volatile than their non-paying peers. Moreover, if the old market adage holds true this summer, getting a 2% to 4% return in cash is better than no return at all. The combination of these two factors can make dividend stocks some of the best places to park your money as the spring sets in and the weather heats up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell Before They Give Back 2019 Gains But which dividend stocks? Here are five top-notch stocks to buy that should provide a whole summer full of gains. Dividend Stocks to Buy: Iron Mountain Inc (IRM)Source: Shutterstock Dividend Yield: 6.8%Data. From companies to individuals, we make a ton of it these days. And storing it, in both physical and digital forms, happens to be one of the best dividend stocks around in Iron Mountain (NYSE:IRM).IRM is the largest records storage provider in the world and operates more than 1,400 facilities around the world. This is more 85 million square feet of space dedicated to document storage. This includes its irreplaceable wholly owned salt caverns used for critical document storage to smaller safe-like facilities. Key customers include nearly everyone in the Fortune 1000 as well as various government organizations. With retention rates as high as 98%, IRM is able to pull in some hefty cash flows from the "rent" it charges these customers.Even better is that Iron Mountain has continued to adapt with the times.While physical document storage is still required, today's digital age requires a different set of storage. To that end, IRM has begun to offer cloud and digital hard drive access for its clients. In fact, the firm has now moved into the top ten in terms of capacity. Given its leadership position in storage, it's easy for firms to make the pivot into these digital offerings from IRM and growth remains brisk. Even better is that these digital storage offerings often come with heftier margins for Iron Mountain.All of this has done wonders for IRM's dividend which currently stands at 6.8%. General Mills (GIS)Source: Carlos via Flickr (Modified)Dividend Yield: 3\. 8%There's power in a bowl of Cheerios … well, at least enough for those investors looking at dividend stocks. Packaged food manufacturer General Mills (NYSE:GIS) has used brands like Totino's, Lucky Charms and Yoplait to power its dividend for decades. In fact, it managed to raise that dividend annually for the last 15 years straight. And it looks like GIS will keep the streak going throughout the summer and far into the future.Thanks to a smart turnaround plan, GIS has regained its mojo in a big way.First, the firm has used its top brands to add extensions into new products. Secondly, General Mills has leaned heavily on organic/natural brands for additional growth. Blue Buffalo pet food, Annie's organic and Cascadian Farm are now leading drivers at the food firm. Finally, if couldn't develop its own, General Mills has been a smart acquirer of smaller and scalable food brands in key niche markets. A hefty dose of price increases for these premium products has hurt either.All of this has helped boost the firm's bottom line. Adjusted EPS for the most recent quarter jumped by more than 6% in constant currency, while free cash flows have surged. With these continued improvements, GIS has upped its guidance for the rest for the year and management has pledged to reward shareholders. * 10 High-Yielding Dividend Stocks That Won't Wilt Given its recent wins and steadfast nature, GIS could be one of the best dividend stocks to buy for summer. Tractor Supply Company (TSCO)Source: Bfraser8 via Wikimedia (Modified)Dividend Yield: 1.2%It's no secret that retail is a bloodbath these days, as online shopping and kingpins like Amazon (NASDAQ:AMZN) have hurt smaller competitors. But there are plenty of retailers operating in strong niches immune from Amazon's wraith. To find one of the best examples, head west into big sky country.Tractor Supply Company (NASDAQ:TSCO) operates more than 1,700 stores serving farmers and more rural Americans. The beauty is that many of TSCO's offerings aren't the sort of thing you log into Amazon.com to buy. Farm gates, barbed wire and tractor attachments aren't easily shippable and often, customers need these items today. Because of this, Tractor Supply continues to see a steady and rising base of sales. Last year, TSCO pulled in more than $7.9 billion in revenues.That profitable niche has made TSCO one heck of a dividend stock as well. Since 2010, Tractor Supply has managed to grow its dividend payout by a staggering 757%.And that growth will continue. TSCO plans on opening more stores to meet the needs of rural customers. Meanwhile, its newly acquired PetSense brand of stores has quickly seen plenty of growth. Like Tractor Supply, PetSense focuses on the rural marketplace- a niche that is often ignored from other major pet retailers. Together, the two stores form an interesting and Amazon-proof play.A play that will pay plenty of dividends going forward. Microchip Technology Inc (MCHP)Source: Shutterstock Dividend Yield: 1.5%Technology is everywhere these days, from your car and phone to even your toaster. And most modern tech, no matter how complex, is built on the backbone of semiconductors. Microchip Technology (NASDAQ:MCHP) has been building those chips and paying a dividend for years.MCHP produces a host of analog and microcontroller semiconductors. These are the boring building blocks of the modern world. But boring is beautiful when it comes to dividends and cash flows. Microchip sells a ton of these to a variety of end-users. And it continues to sell more as the world modernizes. Last quarter, revenues jumped 18.1% sequentially and 41.5% from the year-ago period. This was another record quarter for the firm. Meanwhile, profits continue to rise as well.Part of that comes from MCHP's continued pivots into more advanced semiconductors. These include new automotive power, battery/green technologies and networking chips. The extra boosts here plus the firm's steady cash flows from its analog business has continued to make it a dividend champion.MCHP has been paying a dividend since 2003 and with its latest increase, Microchip has raised its dividend 58 times by a total of 1,725% * 7 Tech Stocks With Too Much Risk, Not Enough Upside At the end, when it comes to dividend stocks, MCHP has the goods to keep the payouts rolling. Invesco High Yield Equity Dividend Achiever ETF (PEY)Source: Shutterstock Dividend Yield: 3.8%Perhaps the best way to score some great dividend stocks is to own them all. A great to do that is through the Invesco High Yield Equity Dividend Achievers ETF (NYSE:PEY).PEY tracks the NASDAQ US Dividend Achievers 50 Index. This index holds fifty U.S. stocks that have not only high initial yields, but also show consistent growth in their dividend payouts. This eliminates those stocks that have high yields because of problems. You get both a good yield today and income that grows tomorrow. Top holdings include stalwarts like Dominion Energy (NYSE:D) and Quamcomm (NASDAQ:QCOM). The combination of stocks produces a decent 3.8% dividend yield. An added bonus for retirees is that PEY pays its dividend monthly.Even better is that PEY has been a top performer among other ETFs tracking dividend stocks.PEY has managed to best the more popular iShares Select Dividend ETF (NYSE:DVY) and its underlying index -- the Dow Jones US Select Dividend Index -- by about two basis points over the last decade.In the end, those investors looking to load up on dividend stocks for the summer, PEY could be a great all-in-one solution. Expenses for the ETF run at just 0.54% or $54 per $10,000 invested.At the time of writing, Aaron Levitt was long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 5 Hot Dividend Stocks to Buy as the Weather Heats Up appeared first on InvestorPlace.
Price is what investors pay and value is what they hope they are getting from a security, be it a bond, stock or exchange-traded fund (ETF). For some reason, many investors conflate price and value, assuming a stock or ETF with a high price tag lacks value while cheap ETFs are automatically good values.That is not always the case, but there are examples of cheap ETFs that are worth considering. Nearly 280 ETFs, or more than 10% of the U.S.-listed exchange traded products universe, sport price tags of $20 or less. Some of these cheap ETFs have serious potential. Others do not.For investors looking for what appear to be cheap ETFs, the good news is that funds with sub-$20 price tags span multiple asset classes, including bonds, commodities and stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Trade War Stocks to Sell on U.S.-China Deal News Penny-pinching and capital-starved investors are sure to like some of these cheap ETFs, all of which traded below $20 as of Wednesday afternoon. Global X Future Analytics Tech ETF (AIQ)Expense Ratio: 0.68% per year, or $68 on a $10,000 investment.The Global X Future Analytics Tech ETF (NASDAQ:AIQ) is an example of a cheap ETF, at least by price tag, that is also a thematic fund focusing on a compelling market segment. In this case, that is aritifical intelligence (AI) and related fare, such as big data. AIQ, which debuted last May, tracks the Indxx Artificial Intelligence & Big Data Index.While AIQ is a cheap ETF by price, the fund's price-to-earnings ratio of just over 21 is a premium to broader equity benchmarks, but still reasonable among many thematic funds. That is very resonable when considering the massive growth potential in the AI market."According to one report, AI could contribute up to $15.7 trillion to global GDP in 2030, with $9.1 trillion coming from consumption-side effects and $6.6 trillion coming from increased productivity," said Global X in a note out last year. "For context, that would add about 14% to global GDP, or more than China and India's combined output."AIQ, which is up almost 20% this year, holds 80 stocks, over 60% of which are technology names. SPDR Gold MiniShares Trust (GLDM)Expense Ratio: 0.18%As has been widely reported, the fee wars that have been so prominent in the ETF space over the years made their way to gold ETFs, meaning the SPDR Gold MiniShares Trust (NYSEARCA:GLDM) is a cheap ETF in more way than one. Not only is GLDM's price tag low, it is one of the cheapest gold ETFs on the market."For many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM's ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account," according to State Street. * 7 Chinese Stocks to Buy for the 2019 Rebound GLDM proves investors like cheap ETFs, regardless of asset class. This fund debuted last June and has nearly $630 million in assets under management, making it one of the most successful ETFs to debut in 2019. Global X Robotics & Artificial Intelligence ETF (BOTZ)Expense Ratio: 0.68%The days of being a sub-$20 ETF are probably numbered for the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ), which is currently hovering just under that mark. That is still good enough to make one of the largest robotics ETFs cheap, by price tag anyway. BOTZ targets the Indxx Global Robotics & Artificial Intelligence Thematic Index.Like the aforementioned AIQ, BOTZ and other robotics ETFs are thematic funds with exposure to a rapidly growing theme. Although robotics is a rapidly growing theme and the fund is up over 17% this year, BOTZ is not extended on valuation. China, the U.S. and Japan are among the world's marquee robotics markets, a fact reflected in BOTZ as the fund devotes 78% of its weight to Japanese and U.S. stocks."The U.S. is the second largest robotics market, following China. And while the U.S. economy is entering late stage in the business cycle, capex growth is expected to remain robust in 2019 at approximately 8%-10% among US capital goods producers," according to Global X research. "This suggests that manufacturers are keen to invest in new equipment, much of which is likely to be directed towards automation to reduce future expenses." Invesco High Yield Equity Dividend Achievers ETF (PEY)Expense Ratio: 0.54%Some cheap ETFs are dividend strategies, including the oft-overlooked Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY). PEY is a mix of a yield and dividend growth strategy and follows the Nasdaq U.S. Dividend Achievers Index.While this cheap ETF's roster of 50 is small compared to other domestic dividend funds, PEY does an admirable job of providing exposure to large-, mid- and small-caps. In fact, just over 46% of this cheap ETF's roster is allocated to large-cap stocks, a small figure compared to many traditional dividend funds. PEY yields 3.9% over the last 12 months, driven in large part by a 45% combined weight to the utilities and consumer staples sectors. * 7 March Madness Stocks to Consider for the Big Dance This cheap ETF is also value play, as about 72% of its holdings are classified as value stocks. PEY also pays a monthly dividend. Exponential Reverse Cap Weighted US Large Cap ETF (RVRS)Expense Ratio: 0.29%There are many ways to approach the S&P 500 via ETFs. Over the long term, the Exponential Reverse Cap Weighted U.S. Large Cap ETF (CBOE:RVRS) could prove to be one of the best. This cheap ETF's approach is easy to understand: it takes the S&P 500 holdings and assigns the largest weights to the benchmark's smallest companies.RVRS follows the Reverse Cap Weighted U.S. Large Cap Index and features meaningfully different sector weights than the traditional S&P 500. For example, consumer discretionary is the largest sector weight in RVRS at 20.22%. That is more than double the weight assigned to that sector by the traditional S&P 500.RVRS also mitigates stock-specific risk in superior fashion to the cap-weighted S&P 500. The largest holding in RVRS commands a weight of 1.07% compared to 3.7% in the S&P 500. Numbers do not lie. Year-to-date, RVRS is beating the S&P 500 by nearly 500 basis points and since inception, RVRS is beating the S&P 500 by more than 200 basis points.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post 5 Cheap ETFs Worth Considering appeared first on InvestorPlace.
Let us dig into some of the ETFs that are below $20, and have AUM of over $50 million and average daily volume of at least 50,000 shares that could lead to huge gains in the coming months.
WisdomTree U.S. MidCap Dividend ETF DON employs a fundamental weighting approach and is a strong candidate for exposure to dividend-paying U.S. mid-cap stocks. This fund weights its holdings by their expected dividend payment, which effectively diversifies risk, and rebalances into stocks as they become cheaper relative to their dividends. Many dividend-oriented funds land in the mid-value Morningstar Category because they weight large-cap stocks by dividend yield or equally, which knocks down their portfolio's weighted average market cap.