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5 Best Dividend Stocks with Upside Potential

In this article, we discuss 5 best dividend stocks with upside potential. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 13 Best Dividend Stocks with Upside Potential

5. Medtronic plc (NYSE:MDT)

Upside Potential as of November 17: 19.9%

Medtronic plc (NYSE:MDT) is a global medical technology company that specializes in developing and manufacturing medical devices and therapies to improve the lives of people with various health conditions. On August 17, the company announced a quarterly dividend of $0.69 per share, which was in line with its previous dividend. It is one of the best dividend stocks on our list as the company has raised its dividends for 46 consecutive years. The stock has a dividend yield of 3.70%, as of November 17.

The number of hedge funds tracked by Insider Monkey owning stakes in Medtronic plc (NYSE:MDT) grew to 63 in Q2 2023, from 52 in the preceding quarter. The collective value of these stakes is more than $1.86 billion. With roughly 5.5 million shares, First Eagle Investment Management was the company’s leading stakeholder in Q2.

Follow Medtronic Plc (NYSE:MDT)

4. AbbVie Inc. (NYSE:ABBV)

Upside Potential as of November 17: 21.6%

AbbVie Inc. (NYSE:ABBV) is a multinational biopharmaceutical company that focuses on discovering, developing, and commercializing innovative therapies and pharmaceutical products. The company’s dividend growth streak currently stands at 51 years, which makes ABBV one of the best dividend stocks on our list. It currently pays a quarterly dividend of $1.55 per share and has a dividend yield of 4.49%, as of November 17.

As of the end of Q2 2023, 74 hedge funds in Insider Monkey’s database reported having stakes in AbbVie Inc. (NYSE:ABBV), compared with 75 in the previous quarter. The overall value of these stakes is over $2.37 billion. Among these hedge funds, Citadel Investment Group was the company’s leading stakeholder in Q2.

Follow Abbvie Inc. (NYSE:ABBV)

3. NextEra Energy, Inc. (NYSE:NEE)

Upside Potential as of November 17: 25.44%

NextEra Energy, Inc. (NYSE:NEE) is a leading clean energy company in North America primarily focused on electricity generation and distribution. The company has been raising its dividends for 27 consecutive years and currently pays a quarterly dividend of $0.4675 per share. NEE offers a dividend yield of 3.29%, as of November 17.

At the end of June 2023, 59 hedge funds tracked by Insider Monkey owned investments in NextEra Energy, Inc. (NYSE:NEE), worth over $918.3 million in total.

Follow Nextera Energy Inc (NYSE:NEE)

2. Chevron Corporation (NYSE:CVX)

Upside Potential as of November 17: 28.4%

Chevron Corporation (NYSE:CVX) is one of the world’s largest integrated energy companies engaged in various aspects of the oil and gas industry, including exploration, production, refining, and marketing of petroleum products. The company offers a quarterly dividend of $1.51 per share and has a dividend yield of 4.17%, as of November 17. It holds an impressive 36-year streak of consistent dividend growth.

As of the end of Q2 2023, 73 hedge funds owned stakes in Chevron Corporation (NYSE:CVX), growing from 64 in the previous quarter, as per Insider Monkey’s database. The overall value of these stakes is more than $21.4 billion.

Follow Chevron Corp (NYSE:CVX)

1. Albemarle Corporation (NYSE:ALB)

Upside Potential as of November 17: 60.9%

Albemarle Corporation (NYSE:ALB) is a global specialty chemicals company that primarily focuses on developing and manufacturing chemicals used in various industries. On October 24, the company announced a quarterly dividend of $0.40 per share, which was in line with its previous dividend. The company has grown its dividends for 29 years in a row, topping our list of the best dividend stocks.

At the end of Q2 2023, 41 hedge funds in our database owned stakes in Albemarle Corporation (NYSE:ALB), which remained unchanged from the previous quarter. The collective value of these stakes is over $436.4 million.

Follow Albemarle Corp (NYSE:ALB)

You can also take a look at 11 Best High-Dividend Stocks to Buy Now and 12 Monthly Dividend Stocks with Over 5% Yield

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Buy This $3 Stock Now Before the 400% Surge Begins

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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