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Top 5 High Dividend Stocks To Buy According To Analysts

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In this article, we discuss top 5 high dividend stocks to buy according to analysts. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read Top 20 High Dividend Stocks To Buy According To Analysts

5. Truist Financial Corporation (NYSE:TFC)

Upside Potential as of May 4: 74.1%
Average Price Target Based on Analyst Ratings: $45.2
Dividend Yield as of May 4: 8.01%

Truist Financial Corporation (NYSE:TFC) is an American bank holding company that provides services in commercial banking, credit cards, mortgages, and more. RBC Capital maintained an Outperform rating on the stock in April with a $46 price target, following the company’s recent quarterly earnings.

On April 25, Truist Financial Corporation (NYSE:TFC) declared a quarterly dividend of $0.52 per share, which was in line with its previous dividend. The stock has a dividend yield of 8.01%, as recorded on May 4. The company has a payout ratio of 42.2%, which makes it one of the best dividend stocks on our list.

At the end of Q4 2022, 44 hedge funds in Insider Monkey’s database reported owning stakes in Truist Financial Corporation (NYSE:TFC), up from 39 in the previous quarter. These stakes have a collective value of over $823.5 million.

Oakmark Funds mentioned Truist Financial Corporation (NYSE:TFC) in its Q1 2023 investor letter. Here is what the firm has to say:

“Truist Financial Corporation (NYSE:TFC) is among the largest regional banks in the U.S. The company has a strong deposit franchise with high local market share, predominantly focused in fast-growing southeastern markets. The company’s share price declined meaningfully this quarter, alongside most bank stocks, as investors grew concerned about mark-to-market losses on its securities portfolio and potential deposit outflows. We believe the company’s reputation, relationships and liquidity profile will allow it to weather this storm without material negative impact. The company’s shares are currently valued at a single-digit multiple of our estimate of normalized earnings power. We believe this is a very attractive price for such a high-quality regional banking franchise that has historically generated a high-teens return on its tangible equity. Furthermore, the company’s capital-light insurance brokerage subsidiary, which contributes little to tangible book value and just 10% of reported earnings, could be worth as much as 35% of the current stock price based on its recently announced minority sale price.”

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

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:

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