High-Dividend Technology Stocks May Be the Best 2021 Bets Now

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Technology

Lee Jackson

September 10, 2020 7:07 am
Last Updated: September 10, 2020 7:08 am

Investors that missed the huge ascent of mega-cap tech stocks like Amazon and Apple are probably wondering if now is the time to jump in and buy after the recent big sell-off. The reality is that while the huge market leaders will probably continue to dominate in specific silos, many are overbought and could be the most susceptible to a continued big correction, despite Wednesday’s rebound. With the election less than two months away, and the likelihood of increasing volatility, those looking to own tech may want to focus on the dividend leaders in the sector.We screened our 24/7 Wall St. research database looking for technology stocks that also pay sizable dividends and are rated Buy at major Wall Street firms. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.BroadcomThis stock has rallied smartly off the lows and offers big upside potential. Broadcom Inc. (NASDAQ: AVGO) has an extensive semiconductor product portfolio that addresses applications within the wired infrastructure, wireless communications, enterprise storage and industrial end markets.Applications for Broadcom’s products in its end …

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