Grab This One After the Slide
Tough market days like Monday, when the Dow dropped more than 216 points, provide second chances. Stocks that seemed as if they would never come back to earth get hit in sympathy with most other shares.
Air Products & Chemicals (APD) is one of those stocks -- a high-quality name that has pulled back from a 2011 peak of $98 to close Monday at $84.23. Air Products' price stability and earnings predictability each rate among the top 10% to 20% of all companies, and the $0.64 quarterly dividend provides a 3.15% current yield. That may well increase soon, as well, since management typically raises the payout during the June quarter....240 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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