5 Best Foreign Stocks With Dividends

4. GSK plc (NYSE:GSK)

Number of Hedge Fund Investors: 42

British pharma giant GSK plc (NYSE:GSK) ranks 4th in our list of the best foreign stocks with dividends. In November GSK plc (NYSE:GSK) increased its sales forecast for Arexvy vaccine for respiratory syncytial virus (RSV). Overall, GSK plc’s (NYSE:GSK) pipeline looks healthy, with 67 drugs in clinical development.

As of the end of the third quarter of 2023, 42 hedge funds tracked by Insider Monkey had stakes in GSK plc (NYSE:GSK).

Ariel Global Fund made the following comment about GSK plc (NYSE:GSK) in its Q3 2023 investor letter:

“Global pharmaceutical and healthcare company, GSK plc (NYSE:GSK), also advanced in the period following a top- and bottom-line earnings beat and subsequent raise in full-year guidance. Shares were also aided by a successful U.S. and European launch of Arexvy, a respiratory syncytial virus (RSV) vaccine for older adults. Although risks around the Zantac litigation remain a concern, we believe GSK should generate sustainable growth and margin expansion as the company transitions its Pharma pipeline towards specialty medicines and vaccines. Furthermore, the company’s robust balance sheet provides the scope for bolt-ons, which has the potential to drive additional growth.”