5 Best High Yield Stocks To Buy Now

In this article we discuss 5 Best High Yield Stocks To Buy Now. If you want to read our detailed analysis of the best performing high yield stocks, go directly to 10 Best High Yield Stocks To Buy Now.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the best high yield stocks to buy now:

5. Artisan Partners Asset Management Inc (NYSE: APAM)

Dividend Yield: 5.78%

Payout Ratio: 82.06%

Wisconsin-based Artisan Partners Asset Management Inc (NYSE: APAM) offers investment management services to businesses, mutual funds and various pooled investment vehicles. It also provides equity investment advice and fixed income strategies. Earlier in February, the company posted its Q4 non-GAAP EPS of $1.06, beating the Wall Street estimates by $0.05. GAAP EPS in the period totaled $1.15, above the consensus by $0.13. Revenue in the period jumped 25% to reach $261.1 million, beating the analysts’ forecasts by $4.77 million.

A total of 26 hedge funds tracked by Insider Monkey were bullish APAM at the end of the September quarter, up from 21 funds a quarter earlier.