Personal Finance

1 Spectacular Dividend Stock Down 47% for Passive Income Investors to Buy Hand Over Fist for 2024

GettyImages-1272560566

GettyImages-1272560566

Fool.com contributor Parkev Tatevosian discusses the characteristics that make this one of his favorite dividend stocks to buy for 2024.

*Stock prices used were the afternoon prices of Dec. 24, 2023. The video was published on Dec. 26, 2023.

Should you invest $1,000 in eBay right now?

Before you buy stock in eBay, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and eBay wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

 

*Stock Advisor returns as of December 18, 2023

 

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends eBay and recommends the following options: short January 2024 $45 calls on eBay. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

1 Spectacular Dividend Stock Down 47% for Passive Income Investors to Buy Hand Over Fist for 2024 was originally published by The Motley Fool

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