Stocks to buy in April 2020
There may be some winners that are still flying under the radar.
Most of this stocks have been on my watchlist for a while, I’ll explain to you why they are a buy:
EPR Properties (EPR)
EPR Properties is the leading experiential real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry.
Trading at 25.36$ and with a consensus price target of 77.17$ (204% upside), I see this stock as undervalued and a good buying opportunity. EPR is a monthly dividend stock.
With a dividend yield of 17.74%, the company has grown its dividend for the last 9 consecutive years and is increasing its dividend by an average of 4.00% each year. EPR Properties pays out 82.72% of its earnings out as a dividend.
The firm had revenue of $170.35 million for the quarter, compared to analysts’ expectations of $172.65 million. Its revenue was up 12.9% on a year-over-year basis.
American Express (AXP)
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services to consumers and businesses worldwide.
Today, AXP is trading at 90.27$ per share. With a consensus price target of 121.70$ (34.80% upside), I belive American Express is a buy.
With a dividend yield of 1.91%, American Express pays an annual dividend of 1.72$ per share. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 9.50% each year. American Express pays out 20.98% of its earnings out as a dividend, leaving it enough margins for both dividend growth and reinvesting in the company.
The firm earned $11.37 billion during the quarter, compared to the consensus estimate of $11.36 billion. Its quarterly revenue was up 8.5% on a year-over-year basis. Since 2015, American Express has seen its total revenue increase from $34.4 billion to $47 billion as of 2019.
Mcdonald’s (MCD)
McDonald’s Corporation operates and franchises McDonald’s restaurants internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages.
Trading at 168.18$ per share, McDonald’s is way below it’s consensus price target of 219.96$.
With a 2.97% dividend yield and a dividend growth of 9.29% (3 years average) the company has grown its dividend for the last 43 consecutive years. McDonald’s pays 63.78% of its earnings out as a dividend, leaving it room to grow.
The company had revenue of $5.35 billion for the quarter. Its revenue for the quarter was up 3.6% on a year-over-year basis.
Bank of America (BAC)
Bank of America Corporation, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide.
With one share valued at 22.04$, below it’s consensus price target of 32.59$, and a dividend yield of 3.27%, I see Bank of America as a strong buy and is on top of my watchlist.
The Company has increased its dividend for 6 years straight, by an average of 22.67% each year (3 year average). What I love about this Company is the fast that Bank of America only pays out 24.49% of its earnings out as a dividend.
The business had revenue of $22.30 billion for the quarter, equal to the consensus estimate of $22.30 billion. Its revenue was down 1.8% compared to the same quarter last year.
Johnson & Johnson (JNJ)
Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide.
The company said human testing of its experimental vaccine for the coronavirus will begin by September and it could be available for emergency use authorization in early 2021, which made its stock climb 8%.
Today trading at 133.01$ per share, I still see growth potential. Ist consensus price target is 160.17$.
The company has grown its dividend for the last 57 consecutive years(!!) and is increasing its dividend by an average of 4.60% each year (3 year average). Johnson & Johnson pays out 43.78% of its earnings out as a dividend.
Its revenue for the quarter was up 1.7% compared to the same quarter last year.
In my opinion, Johnson & Johnson is a strong buy.
Happy Investing! 🙂