Texas Instruments moved up 3 places on the Most Watched Stocks List last week as investors added this stock to their watchlist despite growing concerns that demand for its chips used in communication equipment is slowing down.
Analysts still predict a strong double-digit earnings growth of nearly 14% for next year compared to this year, as the expected EPS of Texas Instruments for 2019 stands at $5.58 vs an expected EPS of $5.01 for 2018. Shares of the semiconductor manufacturer stood tall amidst the recent volatility in the market. The stock is down only 9.7% from its 52-week high.
Other stocks that made the news last week were Wal-Mart, Raytheon and Portland General Electric. Wal-Mart moved up a spot from the 26th to the 25th position on the back of a 2% dividend increase. After breaking into the top 50 last week, Raytheon continued its upsurge on the list this week as well. The stock moved up from the 49th position to the 47th position. That’s a total jump of 4 places in 2 weeks. Newcomer Portland Electric has quickly gained 8 places on the list. This regional utility broke into the top 100 list at the beginning of the new year and has, so far, emerged as the fastest mover of 2018. Portland’s recent drop in share price has pushed its yield close to 3.5%, which puts the stock’s yield significantly above the utilities average.
Our Most Watched Stocks List is a user-generated, interest-based ranking of dividend-paying stocks, giving you a real-time snapshot of buying interest in the market. Generated by our Premium members’ watchlists, it’s aggregated and ranked by the most watched criteria.
The list has been designed to help income investors navigate the top dividend stocks being tracked by one of the world’s most advanced investing communities.