While Kenvue's shares have notably lagged behind the Dow Jones in the past year, analysts hold a moderately bullish outlook on the stock.
The pharmaceutical industry giants offer reliable profit growth and above-average dividend yields.
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When the market pulls back, it's an opportunity to invest in high-yield dividend stocks like Kenvue, Enterprise Products Partners, and Verizon, which offer attractive yields and growth potential.
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Despite Kenvue lagging behind the broader market, Wall Street analysts remain optimistic about the stock’s prospects.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.01%. US stock indexes...
KVUE earnings call for the period ending March 31, 2024.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning...
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. US stock indexes this...