Nearly half the S&P 500 yields more than the 10-year, and one stock could be about to soar (via TradingNation)
because it's had its own reasons, it's not just interest rates that have knocked the stock down. "
"If they can kind of move past those problems, get through them, the stock could play catch-up even if rates stay a little bit lower," said Maley. "If it can break out further from here after making that double bottom it can see some nice upside potential," said Maley. "There's risk involved. Wells Fargo has got some issues, so you have to have some tight stops, but this one could be a big surprise to the upside if it can break out from here."Chad Morganlander, portfolio manager at Washington Crossing Advisors, is more skeptical of high-dividend stocks as a whole.
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