Agree Realty Corporation (ADC): Buy this 9% Yielding Portfolio that Insiders and Analysts Love

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During the current year, around 86,000 shares of the company were bought by one director at an average price of $11.40 per share. The stock price has dipped since then. However, since insiders are known to have better insight into their company’s future, the director’s buy is a strong signal that insiders expect the share price to advance beyond $11.40 level.

Conclusion

The aforementioned stocks enjoy support from the analysts covering them. Besides, insider bullishness suggests growth opportunities. Furthermore, the stocks offer high dividend yields, which in the current low interest rate environment look particularly attractive. Therefore, I recommend that you add these stocks to your retirement portfolio.

The article Buy this 9% Yielding Portfolio that Insiders and Analysts Love originally appeared on Fool.com is written by Adnan Khan.

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