It’s no mystery that higher interest rates are coming…
I’ve already noticed investors and traders shifting from large tech companies that offer high-profit potential at the expense of volatility to safer blue-chip stocks with high dividend yields.
When rates go up, we tend to favor high-dividend stocks because they have an element of certainty that we can’t get with high-flying tech.
In fact, I wouldn’t be surprised if blue chips started to outperform the Invesco QQQ Trust Series 1 (Nasdaq: QQQ), which tracks the Nasdaq 100, or the classic FAANG stocks…
So here’s how you can have your cake and eat it, too…
2 Blue-Chip Stocks With High Dividend Yields
Investing in blue chips for passive income doesn’t mean we can’t also make money on the stock move. In fact, the blue-chip stocks I’m looking at now are either making brand-new highs or breaking out in a BIG way.
But keep this in mind…
I don’t predict a bear market or any major sell-off. I just see strong sector rotation on the horizon, and I want to alert my viewers before it happens. Remember, Wall Street is always forward-looking, and we should be, too.
Not to mention, tech stocks are trading at the highest P/E ratio in history, and need to cool off before they can trend higher.
Stock market internals even show strong overbought levels in tech. I mean, my Relative Strength Index is also overbought.
Both of these indicators are quite accurate for short-term shifts in price action. So again, I wouldn’t be shocked if blue-chip stocks with high dividend yields start to outperform the QQQ or FAANG stocks.
Check out my short video below and I’ll reveal both blue-chip stocks with high dividend yields that I have my eyes on right now.
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