Johnson & Johnson, Altria, and Verizon climb over 3% as traders rotate into dividend stocks

Industry
โดย The Motley Fool·Read original
Summary · why it matters

Shares of Johnson & Johnson, Altria, and Verizon each rose at least 3% on Tuesday as traders rotated out of high-flying semiconductor stocks and into less volatile, dividend-paying blue chips. The rally in artificial intelligence chip stocks lost steam, driving investors toward defensive names with steady cash generation. Johnson & Johnson has raised its dividend for 64 consecutive years, Altria offers a yield of nearly 6%, and Verizon trades at less than 10 times projected earnings while targeting up to 1 million new retail postpaid phone subscribers in 2026.

Impact on stocks 3

Biotech & Genomic Medicine · 1 stocks
Johnson & Johnson
JNJ
▲ Positiverelevance

Benefiting from rotation into dividend stocks, but no company-specific news.

Consumer Staples · 1 stocks
Altria Group
MO
▲ Positiverelevance

Benefiting from rotation into dividend stocks, but no company-specific news.

Cloud & Digital Infrastructure · 1 stocks