AbbVie IncMotley Fool analysis recommends buying AbbVie on the dip, citing strong Q1 results and growth drivers Skyrizi and Rinvoq.
Three Dividend King stocks—AbbVie, Walmart, and Becton, Dickinson—are worth buying on recent price dips, according to a Motley Fool analysis. AbbVie shares are down 5% year to date amid healthcare sector weakness, but the drugmaker exceeded first-quarter expectations and its Skyrizi and Rinvoq franchises remain strong long-term growth drivers. Walmart’s stock dropped after its latest earnings on a cautious outlook, yet its Everyday Low Price model, expanding e-commerce and digital advertising, and 53-year streak of dividend increases support its long-term appeal. Becton, Dickinson has lagged the market amid slow growth, but over 90% of its revenue comes from recurring consumables, it is nearing a $1 billion target in GLP-1-related revenue, and it has raised its dividend for 54 consecutive years.
AbbVie IncMotley Fool analysis recommends buying AbbVie on the dip, citing strong Q1 results and growth drivers Skyrizi and Rinvoq.
Becton Dickinson and CompanyMotley Fool analysis recommends buying Becton Dickinson on the dip, citing recurring revenue and GLP-1-related revenue target.
Walmart Inc.Motley Fool analysis recommends buying Walmart on the dip, citing its EDLP model, e-commerce growth, and dividend streak.