Actionable news
0
All posts from Actionable news
Actionable news in T: AT&T Inc,

Dividend-Paying Stocks Were Big Buys in April, Says TD Ameritrade Strategist

Individual investors were yield-hungry in April, climbing back into dividend-paying stocks like AT&T (T - Get Report) and Ford (F - Get Report) , said J.J. Kinahan, chief strategist at TD Ameritrade (AMTD - Get Report) .

TD Ameritrade's Investor Movement Index (IMX) rose 1.8% in April to 4.41 from 4.33 in March compared to a 1.5% rise in the S&P 500. The 52-week high for the IMX is 5.39.

Each month, TD Ameritrade pulls a sample from its client base of 6 million funded accounts that includes all accounts that completed a trade in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median...


More